ETFB Green SRI REITs ETF (NYSEARCA:RITA) Short Interest Down 60.4% in May

ETFB Green SRI REITs ETF (NYSEARCA:RITA) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,537 shares, a drop of 60.4% from the May 14th total of 6,403 shares. Based on an average daily volume of 1,099 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.6% of the shares of the company are sold short.

ETFB Green SRI REITs ETF Price Performance

Shares of NYSEARCA RITA traded up $0.19 during trading hours on Friday, hitting $21.21. 479 shares of the stock were exchanged, compared to its average volume of 1,602. The company’s 50 day moving average is $20.58 and its 200 day moving average is $20.08. The firm has a market capitalization of $9.12 million, a P/E ratio of 33.54 and a beta of 0.90. ETFB Green SRI REITs ETF has a one year low of $18.82 and a one year high of $21.86.

ETFB Green SRI REITs ETF Company Profile

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.