SRH REIT Covered Call ETF (NYSEARCA:SRHR) Sees Large Increase in Short Interest

SRH REIT Covered Call ETF (NYSEARCA:SRHR) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 560 shares, a growth of 231.4% from the July 15th total of 169 shares. Based on an average daily trading volume, of 339 shares, the short-interest ratio is presently 1.7 days. Currently, 0.1% of the company’s stock are sold short.

SRH REIT Covered Call ETF Stock Down 0.1%

Shares of SRH REIT Covered Call ETF stock traded down $0.03 on Friday, reaching $58.98. The stock had a trading volume of 17 shares, compared to its average volume of 167. The stock has a market capitalization of $53.08 million, a P/E ratio of 32.87 and a beta of 0.64. The company has a 50 day moving average price of $59.70 and a 200 day moving average price of $57.02. SRH REIT Covered Call ETF has a 1 year low of $51.65 and a 1 year high of $61.62.

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.