SRH REIT Covered Call ETF (NYSEARCA:SRHR) Shares Shorted: Short Interest Down 46.7% in October

SRH REIT Covered Call ETF (NYSEARCA:SRHR) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 485 shares, a decline of 46.7% from the September 30th total of 910 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 148 shares, the days-to-cover ratio is currently 3.3 days.

SRH REIT Covered Call ETF Price Performance

NYSEARCA SRHR traded up $0.65 during trading on Monday, reaching $55.75. 30 shares of the company’s stock traded hands, compared to its average volume of 165. The firm has a market cap of $50.17 million, a price-to-earnings ratio of 32.87 and a beta of 0.65. The company’s 50 day simple moving average is $55.92 and its two-hundred day simple moving average is $56.70. SRH REIT Covered Call ETF has a 12-month low of $51.65 and a 12-month high of $61.62.

SRH REIT Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Thursday, October 22nd were paid a dividend of $0.3013 per share. This represents a $3.62 dividend on an annualized basis and a yield of 6.5%. This is a decrease from SRH REIT Covered Call ETF’s previous monthly dividend of $0.3377. The ex-dividend date of this dividend was Thursday, October 22nd.

About SRH REIT Covered Call ETF

The SRH REIT Covered Call ETF (SRHR) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed portfolio of publicly traded US REITs, combined with a covered call writing strategy. The funds objective focuses on pursuing total return SRHR was launched on Nov 1, 2023 and is issued by SRH.