SRH REIT Covered Call ETF (NYSEARCA:SRHR) Stock Short Interest Drops 46.7%

SRH REIT Covered Call ETF (NYSEARCA:SRHR) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 485 shares, a decrease of 46.7% from the September 30th total of 910 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 148 shares, the days-to-cover ratio is currently 3.3 days.

SRH REIT Covered Call ETF Stock Down 0.8%

NYSEARCA SRHR traded down $0.46 during trading hours on Friday, hitting $55.10. The company had a trading volume of 30 shares, compared to its average volume of 165. The firm has a market cap of $49.59 million, a P/E ratio of 32.87 and a beta of 0.65. SRH REIT Covered Call ETF has a fifty-two week low of $51.65 and a fifty-two week high of $61.62. The business has a fifty day simple moving average of $55.92 and a 200-day simple moving average of $56.70.

SRH REIT Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Thursday, October 22nd were given a dividend of $0.3013 per share. This is a decrease from SRH REIT Covered Call ETF’s previous monthly dividend of $0.3377. This represents a $3.62 annualized dividend and a dividend yield of 6.6%. The ex-dividend date was Thursday, October 22nd.

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.