Short Interest in SRH REIT Covered Call ETF (NYSEARCA:SRHR) Drops By 48.9%
by Teresa Graham · The Cerbat GemSRH REIT Covered Call ETF (NYSEARCA:SRHR – Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 117 shares, a decrease of 48.9% from the April 15th total of 229 shares. Based on an average trading volume of 155 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the company’s stock are sold short.
SRH REIT Covered Call ETF Stock Performance
Shares of SRHR traded down $0.68 on Friday, reaching $56.58. The stock had a trading volume of 133 shares, compared to its average volume of 176. The firm has a market capitalization of $50.92 million, a price-to-earnings ratio of 32.87 and a beta of 0.69. The company has a 50-day simple moving average of $55.01 and a 200-day simple moving average of $54.50. SRH REIT Covered Call ETF has a 12-month low of $51.65 and a 12-month high of $58.29.
SRH REIT Covered Call ETF Cuts Dividend
The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.2718 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a 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.