Short Interest in SRH REIT Covered Call ETF (NYSEARCA:SRHR) Drops By 48.9%

SRH REIT Covered Call ETF (NYSEARCA:SRHR) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 117 shares, a drop of 48.9% from the April 15th total of 229 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 155 shares, the short-interest ratio is currently 0.8 days.

SRH REIT Covered Call ETF Stock Performance

SRH REIT Covered Call ETF stock traded down $0.68 during midday trading on Friday, hitting $56.58. 133 shares of the company’s stock were exchanged, compared to its average volume of 176. The company has a market cap of $50.92 million, a P/E ratio of 32.87 and a beta of 0.69. The stock has a 50-day moving average price of $55.01 and a two-hundred day moving average price of $54.50. SRH REIT Covered Call ETF has a 52-week low of $51.65 and a 52-week high of $58.29.

SRH REIT Covered Call ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were issued a dividend of $0.2718 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 5.8%.

SRH REIT Covered Call ETF Company Profile

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.