GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) Stock Short Interest Declines 52.2%

Posted by George Bondi on Oct 1st, 2026

GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 63,219 shares, a drop of 52.2% from the August 31st total of 132,236 shares. Based on an average daily volume of 93,165 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On GraniteShares HIPS US High Income ETF

Several hedge funds have recently modified their holdings of HIPS. Maridea Wealth Management LLC increased its position in shares of GraniteShares HIPS US High Income ETF by 14.0% in the 1st quarter. Maridea Wealth Management LLC now owns 45,248 shares of the company’s stock worth $523,000 after purchasing an additional 5,547 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in GraniteShares HIPS US High Income ETF by 2.8% during the first quarter. Chicago Partners Investment Group LLC now owns 34,387 shares of the company’s stock worth $411,000 after purchasing an additional 926 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of GraniteShares HIPS US High Income ETF during the second quarter worth $280,000. Capital Square LLC bought a new position in GraniteShares HIPS US High Income ETF in the second quarter worth about $125,000. Finally, Gateway Wealth Partners LLC bought a new position in GraniteShares HIPS US High Income ETF in the 1st quarter worth about $126,000.

GraniteShares HIPS US High Income ETF Stock Performance

Shares of NYSEARCA:HIPS remained flat at $10.71 during midday trading on Thursday. 25,038 shares of the stock traded hands, compared to its average volume of 65,042. GraniteShares HIPS US High Income ETF has a 12-month low of $10.63 and a 12-month high of $12.30. The stock has a market cap of $103.89 million, a P/E ratio of 11.61 and a beta of 0.66. The business’s 50-day moving average is $11.55 and its 200 day moving average is $11.62.

GraniteShares HIPS US High Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.1075 per share. The ex-dividend date was Monday, September 28th. This represents a $1.29 annualized dividend and a yield of 12.0%.

GraniteShares HIPS US High Income ETF Company Profile

(Get Free Report)

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds. HIPS was launched on Jan 6, 2015 and is managed by GraniteShares.