Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Down 50.0% in June

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETGet Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 7,482 shares, a decline of 50.0% from the May 31st total of 14,959 shares. Based on an average daily volume of 87,936 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

A hedge fund recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. increased its stake in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETFree Report) by 8.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,314 shares of the company’s stock after purchasing an additional 7,985 shares during the period. Pettee Investors Inc. owned approximately 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 as of its most recent filing with the Securities and Exchange Commission.

Hoya Capital High Dividend Yield ETF Stock Performance

NYSEARCA RIET traded down $0.01 during trading hours on Tuesday, reaching $9.76. 10,866 shares of the company’s stock were exchanged, compared to its average volume of 74,722. The company has a market capitalization of $105.80 million, a price-to-earnings ratio of 15.37 and a beta of 1.03. The company’s 50-day moving average is $9.57 and its two-hundred day moving average is $9.48. Hoya Capital High Dividend Yield ETF has a one year low of $8.75 and a one year high of $10.12.

About Hoya Capital High Dividend Yield ETF

(Get Free Report)

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.

Further Reading

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