Short Interest in Residential REIT ETF (BATS:HAUS) Expands By 119.1%

Residential REIT ETF (BATS:HAUS) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,867 shares, a growth of 119.1% from the May 31st total of 852 shares. Based on an average daily volume of 2,496 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold.

Residential REIT ETF Trading Up 0.9%

BATS:HAUS opened at $19.06 on Thursday. Residential REIT ETF has a 12 month low of $16.60 and a 12 month high of $19.56. The firm has a fifty day simple moving average of $18.71 and a 200-day simple moving average of $18.17. The company has a market capitalization of $8.58 million, a P/E ratio of 42.72 and a beta of 0.78.

Hedge Funds Weigh In On Residential REIT ETF

A hedge fund recently bought a new position in Residential REIT ETF stock. Tidal Investments LLC purchased a new stake in shares of Residential REIT ETF (BATS:HAUS) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned about 10.69% of Residential REIT ETF as of its most recent filing with the SEC.

Residential REIT ETF Company Profile

The Home Appreciation U.S. REIT ETF (HAUS) is an exchange-traded fund that mostly invests in real estate equity. The fund provides exposure to publicly traded REITS that derive a substantial amount of their revenue from US residential properties. The fund is actively managed. HAUS was launched on Feb 28, 2022 and is managed by Armada ETF Advisors.