NEOS Real Estate High Income ETF (BATS:IYRI) Sees Large Increase in Short Interest

NEOS Real Estate High Income ETF (BATS:IYRI) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 18,673 shares, an increase of 88.5% from the October 15th total of 9,908 shares. Based on an average daily trading volume, of 49,242 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

NEOS Real Estate High Income ETF Stock Performance

IYRI traded up $0.04 during mid-day trading on Friday, reaching $47.37. The stock had a trading volume of 54,041 shares, compared to its average volume of 77,387. The stock has a market capitalization of $307.90 million and a P/E ratio of 30.86. The firm’s fifty day simple moving average is $46.45 and its two-hundred day simple moving average is $48.60. NEOS Real Estate High Income ETF has a 52 week low of $44.48 and a 52 week high of $50.89.

Institutional Investors Weigh In On NEOS Real Estate High Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IYRI. Gradient Investments LLC acquired a new position in NEOS Real Estate High Income ETF in the third quarter valued at approximately $7,449,000. Sound Income Strategies LLC bought a new position in NEOS Real Estate High Income ETF in the third quarter valued at approximately $7,110,000. M Holdings Securities Inc. bought a new position in NEOS Real Estate High Income ETF in the second quarter valued at approximately $1,307,000. Apollon Wealth Management LLC grew its holdings in NEOS Real Estate High Income ETF by 421.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 28,666 shares of the company’s stock worth $1,296,000 after acquiring an additional 23,166 shares during the period. Finally, Cascade Wealth Advisors Inc grew its holdings in NEOS Real Estate High Income ETF by 19.8% during the 1st quarter. Cascade Wealth Advisors Inc now owns 127,879 shares of the company’s stock worth $6,339,000 after acquiring an additional 21,128 shares during the period.

About NEOS Real Estate High Income ETF

The NEOS Real Estate High Income ETF (IYRI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that seeks high monthly income with the potential for appreciation by actively investing in stocks of the Dow Jones U.S. Real Estate Capped Index while also utilizing call options strategies. IYRI was launched on Jan 14, 2025 and is issued by Neos.