SRH REIT Covered Call ETF (NYSEARCA:SRHR) Sees Large Growth in Short Interest

SRH REIT Covered Call ETF (NYSEARCA:SRHR) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 560 shares, an increase of 231.4% from the July 15th total of 169 shares. Based on an average trading volume of 339 shares, the short-interest ratio is currently 1.7 days. Currently, 0.1% of the shares of the company are short sold.

SRH REIT Covered Call ETF Stock Performance

SRHR remained flat at $58.59 during trading hours on Thursday. The company had a trading volume of 682 shares, compared to its average volume of 169. The company’s 50 day simple moving average is $59.66 and its 200-day simple moving average is $56.97. SRH REIT Covered Call ETF has a twelve month low of $51.65 and a twelve month high of $61.62. The firm has a market cap of $52.73 million, a price-to-earnings ratio of 32.87 and a beta of 0.64.

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.