SRH REIT Covered Call ETF (NYSEARCA:SRHR) Sees Large Increase in Short Interest

SRH REIT Covered Call ETF (NYSEARCA:SRHR) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 560 shares, an increase of 231.4% from the July 15th total of 169 shares. Based on an average daily trading volume, of 339 shares, the short-interest ratio is currently 1.7 days. Approximately 0.1% of the shares of the stock are short sold.

SRH REIT Covered Call ETF Price Performance

NYSEARCA SRHR opened at $58.98 on Friday. The stock has a market capitalization of $53.08 million, a PE ratio of 32.87 and a beta of 0.64. The business has a 50 day simple moving average of $59.70 and a two-hundred day simple moving average of $57.02. SRH REIT Covered Call ETF has a 1-year low of $51.65 and a 1-year high of $61.62.

SRH REIT Covered Call ETF Company Profile

The SRH REIT Covered Call ETF (SRHR) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed portfolio of publicly traded US REITs, combined with a covered call writing strategy. The funds objective focuses on pursuing total return SRHR was launched on Nov 1, 2023 and is issued by SRH.