AXS Real Estate Income ETF (NYSEARCA:RINC) Short Interest Up 150.0% in July

AXS Real Estate Income ETF (NYSEARCA:RINC) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 500 shares, agrowthof150.0% from the July 15th total of 200 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the company’s shares are sold short. Approximately0.0% of the company’s shares are sold short. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 0.1 days.

AXS Real Estate Income ETF Trading Up 0.0%

Shares of RINC opened at $21.49 on Monday. AXS Real Estate Income ETF has a 12-month low of $17.86 and a 12-month high of $25.34. The firm has a 50-day moving average price of $21.10 and a 200 day moving average price of $21.25. The firm has a market capitalization of $34.60 million, a P/E ratio of 13.17 and a beta of 1.27.

AXS Real Estate Income ETF Company Profile

The AXS Real Estate Income ETF (RINC) is an exchange-traded fund that is based on the Gapstow Real Estate Income index. The fund tracks a modified equal-weighted index that provides diversified exposure to US mortgage REITs. The fund uses leverage to seek high yields as compared to other asset classes.