Short Interest in NEOS Real Estate High Income ETF (BATS:IYRI) Decreases By 60.1%

NEOS Real Estate High Income ETF (BATS:IYRI) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 29,121 shares, a decrease of 60.1% from the July 15th total of 72,933 shares. Based on an average trading volume of 66,248 shares, the days-to-cover ratio is currently 0.4 days. Approximately 2.6% of the company’s shares are short sold.

NEOS Real Estate High Income ETF Trading Up 1.3%

NEOS Real Estate High Income ETF stock opened at $49.91 on Friday. The firm has a 50-day moving average price of $49.62 and a 200-day moving average price of $49.32. The firm has a market capitalization of $54.90 million and a PE ratio of 35.64. NEOS Real Estate High Income ETF has a 12-month low of $46.29 and a 12-month high of $51.21.

Institutional Trading of NEOS Real Estate High Income ETF

Several institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP purchased a new position in shares of NEOS Real Estate High Income ETF during the third quarter valued at approximately $35,000. Royal Bank of Canada purchased a new stake in shares of NEOS Real Estate High Income ETF in the fourth quarter worth approximately $49,000. CWM LLC lifted its stake in shares of NEOS Real Estate High Income ETF by 356.7% during the 4th quarter. CWM LLC now owns 2,809 shares of the company’s stock worth $137,000 after acquiring an additional 2,194 shares during the last quarter. Summit Financial LLC bought a new stake in shares of NEOS Real Estate High Income ETF during the 4th quarter worth approximately $217,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of NEOS Real Estate High Income ETF during the 3rd quarter worth approximately $229,000.

About NEOS Real Estate High Income ETF

The NEOS Real Estate High Income ETF (IYRI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that seeks high monthly income with the potential for appreciation by actively investing in stocks of the Dow Jones U.S. Real Estate Capped Index while also utilizing call options strategies. IYRI was launched on Jan 14, 2025 and is issued by Neos.