Short Interest in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Declines By 50.0%

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 7,482 shares, a drop of 50.0% from the May 31st total of 14,959 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 87,936 shares, the short-interest ratio is currently 0.1 days.

Hoya Capital High Dividend Yield ETF Trading Up 0.1%

Shares of Hoya Capital High Dividend Yield ETF stock traded up $0.01 during trading on Wednesday, reaching $9.76. The company’s stock had a trading volume of 87,053 shares, compared to its average volume of 75,209. The company has a 50-day moving average price of $9.57 and a two-hundred day moving average price of $9.48. The firm has a market cap of $105.80 million, a PE ratio of 15.37 and a beta of 1.03. Hoya Capital High Dividend Yield ETF has a fifty-two week low of $8.75 and a fifty-two week high of $10.12.

Institutional Trading of Hoya Capital High Dividend Yield ETF

An institutional investor recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. lifted its stake in shares of 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 fund owned 97,314 shares of the company’s stock after purchasing an additional 7,985 shares during the quarter. Pettee Investors Inc. owned about 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 at the end of the most recent quarter.

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.