Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Up 96.9% in March

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 36,888 shares, an increase of 96.9% from the March 15th total of 18,733 shares. Based on an average trading volume of 87,535 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On Hoya Capital High Dividend Yield ETF

A hedge fund recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. increased its holdings in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,314 shares of the company’s stock after purchasing an additional 7,985 shares during the period. Pettee Investors Inc. owned 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 as of its most recent SEC filing.

Hoya Capital High Dividend Yield ETF Price Performance

NYSEARCA RIET opened at $9.39 on Monday. Hoya Capital High Dividend Yield ETF has a fifty-two week low of $8.65 and a fifty-two week high of $10.12. The stock has a market cap of $101.51 million, a price-to-earnings ratio of 15.37 and a beta of 1.06. The business has a fifty day moving average of $9.37 and a 200-day moving average of $9.41.

Hoya Capital High Dividend Yield ETF Company Profile

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.