Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Sees Large Drop in Short Interest

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 15,226 shares, a decline of 49.7% from the August 15th total of 30,246 shares. Based on an average trading volume of 100,607 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Hoya Capital High Dividend Yield ETF Stock Performance

RIET traded down $0.05 on Wednesday, hitting $8.89. 140,866 shares of the company were exchanged, compared to its average volume of 81,316. The firm has a fifty day simple moving average of $9.51 and a two-hundred day simple moving average of $9.48. Hoya Capital High Dividend Yield ETF has a 12 month low of $8.75 and a 12 month high of $10.05. The stock has a market capitalization of $1.07 trillion, a PE ratio of 15.37 and a beta of 1.02.

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.