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

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 53,386 shares, a growth of 250.6% from the August 31st total of 15,226 shares. Based on an average daily volume of 96,543 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the company’s shares are short sold.

Hoya Capital High Dividend Yield ETF Stock Performance

RIET remained flat at $8.68 during trading on Friday. The company’s stock had a trading volume of 108,960 shares, compared to its average volume of 82,139. The stock has a 50-day moving average price of $9.37 and a 200 day moving average price of $9.44. The firm has a market capitalization of $103.03 million, a price-to-earnings ratio of 15.37 and a beta of 1.02. Hoya Capital High Dividend Yield ETF has a one year low of $8.60 and a one year high of $10.05.

About Hoya Capital High Dividend Yield ETF

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.