Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Shares Shorted: Short Interest Down 97.5% in October

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 663 shares, a drop of 97.5% from the October 15th total of 26,658 shares. Based on an average daily trading volume, of 59,651 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of Hoya Capital High Dividend Yield ETF

An institutional investor recently bought a new stake in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. acquired a new stake in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 97,314 shares of the company’s stock, valued at approximately $830,000. Pettee Investors Inc. owned about 0.83% of Hoya Capital High Dividend Yield ETF as of its most recent SEC filing.

Hoya Capital High Dividend Yield ETF Stock Down 1.5%

RIET stock traded down $0.12 during mid-day trading on Thursday, reaching $8.04. The company had a trading volume of 103,636 shares, compared to its average volume of 81,074. The stock has a market capitalization of $94.63 million, a P/E ratio of 16.31 and a beta of 1.02. Hoya Capital High Dividend Yield ETF has a one year low of $8.01 and a one year high of $10.05. The stock’s 50-day simple moving average is $8.55 and its two-hundred day simple moving average is $9.28.

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.