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

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 26,658 shares, a growth of 391.5% from the September 30th total of 5,424 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 86,984 shares, the short-interest ratio is presently 0.3 days.

Hoya Capital High Dividend Yield ETF Stock Up 0.5%

Shares of RIET traded up $0.04 during mid-day trading on Thursday, hitting $8.28. 13,504 shares of the company’s stock were exchanged, compared to its average volume of 81,185. The stock has a market cap of $97.40 million, a price-to-earnings ratio of 15.37 and a beta of 1.02. The firm has a fifty day moving average of $8.78 and a two-hundred day moving average of $9.35. Hoya Capital High Dividend Yield ETF has a twelve month low of $8.01 and a twelve month 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.