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

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 38,992 shares, a growth of 67.1% from the December 31st total of 23,340 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 85,399 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 85,399 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors 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. increased its stake in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETFree Report) by 18.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 89,329 shares of the company’s stock after buying an additional 14,196 shares during the quarter. Pettee Investors Inc. owned about 0.88% of Hoya Capital High Dividend Yield ETF worth $860,000 at the end of the most recent reporting period.

Hoya Capital High Dividend Yield ETF Trading Down 1.1%

RIET opened at $9.49 on Monday. The firm has a market capitalization of $98.13 million, a PE ratio of 15.37 and a beta of 1.08. Hoya Capital High Dividend Yield ETF has a twelve month low of $8.51 and a twelve month high of $10.54. The firm’s 50-day moving average price is $9.46 and its 200 day moving average price is $9.52.

Hoya Capital High Dividend Yield ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 21st were issued a dividend of $0.0855 per share. This represents a c) annualized dividend and a dividend yield of 10.8%. The ex-dividend date was Wednesday, January 21st.

Hoya Capital High Dividend Yield ETF Company Profile

(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.

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