Residential REIT ETF (BATS:HAUS) Short Interest Down 65.6% in May

Residential REIT ETF (BATS:HAUS) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 825 shares, a drop of 65.6% from the April 30th total of 2,398 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 2,514 shares, the short-interest ratio is presently 0.3 days.

Residential REIT ETF Price Performance

Shares of BATS HAUS opened at $18.61 on Monday. The company has a market cap of $8.37 million, a P/E ratio of 42.72 and a beta of 0.78. Residential REIT ETF has a 1 year low of $16.60 and a 1 year high of $18.98. The firm has a 50-day simple moving average of $18.14 and a two-hundred day simple moving average of $17.97.

Institutional Trading of Residential REIT ETF

A hedge fund recently bought a new stake in Residential REIT ETF stock. Tidal Investments LLC acquired a new position in Residential REIT ETF (BATS:HAUS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned about 10.69% of Residential REIT ETF at the end of the most recent reporting period.

About Residential REIT ETF

The Home Appreciation U.S. REIT ETF (HAUS) is an exchange-traded fund that mostly invests in real estate equity. The fund provides exposure to publicly traded REITS that derive a substantial amount of their revenue from US residential properties. The fund is actively managed. HAUS was launched on Feb 28, 2022 and is managed by Armada ETF Advisors.