Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Down 32.9% in February

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 38,199 shares, a decline of 32.9% from the January 29th total of 56,920 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 64,667 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 64,667 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are short sold.

Hoya Capital High Dividend Yield ETF Stock Performance

RIET traded down $0.06 during trading on Friday, reaching $9.61. The company had a trading volume of 57,902 shares, compared to its average volume of 71,508. The firm’s 50-day simple moving average is $9.55 and its 200 day simple moving average is $9.53. The company has a market cap of $98.69 million, a price-to-earnings ratio of 15.37 and a beta of 1.08. Hoya Capital High Dividend Yield ETF has a 12-month low of $8.51 and a 12-month high of $10.54.

Hoya Capital High Dividend Yield ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.0855 per share. The ex-dividend date was Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%.

Hedge Funds Weigh In On Hoya Capital High Dividend Yield ETF

An institutional investor recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. boosted its position in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,314 shares of the company’s stock after purchasing an additional 7,985 shares during the period. Pettee Investors Inc. owned 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 at the end of the most recent reporting period.

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.