Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Sees Large Drop in Short Interest

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 15,226 shares, a decline of 49.7% from the August 15th total of 30,246 shares. Based on an average trading volume of 100,607 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Hoya Capital High Dividend Yield ETF Stock Performance

RIET traded down $0.16 during trading on Tuesday, reaching $8.94. The stock had a trading volume of 156,902 shares, compared to its average volume of 80,968. The stock has a market cap of $101.11 million, a PE ratio of 15.37 and a beta of 1.02. Hoya Capital High Dividend Yield ETF has a one year low of $8.75 and a one year high of $10.05. The business has a 50-day moving average of $9.54 and a 200-day moving average of $9.49.

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.