Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Stock Short Interest Jumps 391.5%

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 26,658 shares, an increase of 391.5% from the September 30th total of 5,424 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 86,984 shares, the days-to-cover ratio is currently 0.3 days.

Hoya Capital High Dividend Yield ETF Trading Down 0.7%

Hoya Capital High Dividend Yield ETF stock traded down $0.06 during mid-day trading on Wednesday, hitting $8.23. The stock had a trading volume of 44,030 shares, compared to its average volume of 81,514. The firm’s 50 day moving average is $8.81 and its 200 day moving average is $9.36. Hoya Capital High Dividend Yield ETF has a one year low of $8.01 and a one year high of $10.05. The firm has a market capitalization of $97.20 million, a P/E ratio of 15.37 and a beta of 1.02.

About Hoya Capital High Dividend Yield ETF

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.