SRH REIT Covered Call ETF (NYSEARCA:SRHR) Short Interest Down 48.9% in April

SRH REIT Covered Call ETF (NYSEARCA:SRHR) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 117 shares, a decline of 48.9% from the April 15th total of 229 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 155 shares, the days-to-cover ratio is currently 0.8 days.

SRH REIT Covered Call ETF Stock Performance

Shares of SRHR stock opened at $56.58 on Monday. 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 simple moving average of $55.01 and a two-hundred day simple moving average of $54.50. SRH REIT Covered Call ETF has a fifty-two week low of $51.65 and a fifty-two week high of $58.29.

SRH REIT Covered Call ETF Cuts Dividend

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

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.