Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Update

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 56,920 shares, an increase of 46.0% from the January 15th total of 38,992 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 78,986 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 78,986 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the shares of the stock are short sold.

Hoya Capital High Dividend Yield ETF Trading Up 0.9%

Shares of Hoya Capital High Dividend Yield ETF stock opened at $9.69 on Friday. The company has a fifty day moving average price of $9.50 and a 200 day moving average price of $9.52. The stock has a market cap of $99.52 million, a price-to-earnings 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.

Hoya Capital High Dividend Yield ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 22nd. Investors of record on Wednesday, January 21st were paid a $0.0855 dividend. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date was Wednesday, January 21st.

Hedge Funds 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. grew its position in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 97,314 shares of the company’s stock after purchasing 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.