Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Up 204.6% in July

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 111,514 shares, a growth of 204.6% from the June 30th total of 36,611 shares. Based on an average daily trading volume, of 84,564 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the company’s shares are short sold.

Hoya Capital High Dividend Yield ETF Trading Up 0.7%

RIET traded up $0.07 during trading on Monday, hitting $9.76. 50,418 shares of the company’s stock were exchanged, compared to its average volume of 76,459. Hoya Capital High Dividend Yield ETF has a 1 year low of $8.75 and a 1 year high of $10.12. The stock has a 50 day moving average price of $9.66 and a 200 day moving average price of $9.53. The firm has a market cap of $109.02 million, a P/E ratio of 15.37 and a beta of 1.02.

Institutional Trading of Hoya Capital High Dividend Yield ETF

A hedge fund recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. lifted its stake in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,314 shares of the company’s stock after buying 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 SEC filing.

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.