Short Interest in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Increases By 389.3%

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 36,611 shares, a growth of 389.3% from the June 15th total of 7,482 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 82,628 shares, the short-interest ratio is currently 0.4 days.

Hoya Capital High Dividend Yield ETF Trading Up 0.3%

Shares of NYSEARCA:RIET traded up $0.03 during midday trading on Friday, hitting $9.75. The company had a trading volume of 111,990 shares, compared to its average volume of 75,689. The stock has a market cap of $106.86 million, a price-to-earnings ratio of 15.37 and a beta of 1.02. The firm has a fifty day simple moving average of $9.61 and a 200 day simple moving average of $9.50. Hoya Capital High Dividend Yield ETF has a 12 month low of $8.75 and a 12 month high of $10.12.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

An institutional investor recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. boosted its position in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,314 shares of the company’s stock after buying an additional 7,985 shares during the period. Pettee Investors Inc. owned approximately 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 at the end of the most recent quarter.

Hoya Capital High Dividend Yield ETF Company Profile

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.