ETFB Green SRI REITs ETF (NYSEARCA:RITA) Sees Significant Growth in Short Interest

ETFB Green SRI REITs ETF (NYSEARCA:RITA) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,788 shares, an increase of 277.7% from the June 30th total of 1,003 shares. Based on an average daily volume of 1,503 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.8% of the shares of the stock are short sold.

ETFB Green SRI REITs ETF Stock Performance

Shares of RITA traded down $0.12 during mid-day trading on Monday, hitting $22.26. 702 shares of the company were exchanged, compared to its average volume of 1,568. ETFB Green SRI REITs ETF has a 1-year low of $18.82 and a 1-year high of $23.86. The company has a 50 day moving average of $21.15 and a 200-day moving average of $20.49. The stock has a market cap of $10.02 million, a price-to-earnings ratio of 33.54 and a beta of 0.89.

About ETFB Green SRI REITs ETF

The ETFB Green SRI REITs ETF (RITA) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides exposure to REITs from developed countries that meet business, financial, green, and socially responsible investing (SRI) criteria. RITA was launched on Dec 8, 2021 and is managed by ETFB.