Residential REIT ETF (BATS:HAUS) Sees Large Drop in Short Interest

Residential REIT ETF (BATS:HAUS) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 825 shares, a decline of 65.6% from the April 30th total of 2,398 shares. Based on an average daily volume of 2,514 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Residential REIT ETF Stock Down 1.2%

HAUS stock traded down $0.22 during midday trading on Friday, hitting $18.61. 8,836 shares of the company traded hands, compared to its average volume of 3,704. Residential REIT ETF has a twelve month low of $16.60 and a twelve month high of $18.98. The stock has a market capitalization of $8.37 million, a price-to-earnings ratio of 42.72 and a beta of 0.78. The business has a 50 day simple moving average of $18.14 and a 200-day simple moving average of $17.96.

Institutional Trading of Residential REIT ETF

An institutional investor recently bought a new position in Residential REIT ETF stock. Tidal Investments LLC purchased a new position in Residential REIT ETF (BATS:HAUS) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned 10.69% of Residential REIT ETF as of its most recent SEC filing.

Residential REIT ETF Company Profile

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.