SRH REIT Covered Call ETF (NYSEARCA:SRHR – Get Free Report) was the target of a large decrease in short interest in 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 company’s stock are short sold. Based on an average trading volume of 148 shares, the days-to-cover ratio is presently 3.3 days.
SRH REIT Covered Call ETF Price Performance
Shares of SRHR traded down $0.46 during mid-day trading on Friday, reaching $55.10. 30 shares of the company’s stock were exchanged, compared to its average volume of 165. The stock has a market capitalization of $49.59 million, a PE ratio of 32.87 and a beta of 0.65. The business’s fifty day simple moving average is $55.92 and its 200-day simple moving average is $56.70. SRH REIT Covered Call ETF has a 52-week low of $51.65 and a 52-week high of $61.62.
SRH REIT Covered Call ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Thursday, October 22nd were paid a $0.3013 dividend. The ex-dividend date was Thursday, October 22nd. 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 yield of 6.6%.
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.
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