Short Interest in U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) Grows By 154.3%

U.S. Diversified Real Estate ETF (NYSEARCA:PPTYGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,807 shares, a growth of 154.3% from the July 15th total of 1,890 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 5,952 shares, the days-to-cover ratio is presently 0.8 days.

U.S. Diversified Real Estate ETF Price Performance

NYSEARCA PPTY opened at $33.97 on Friday. The company has a fifty day moving average price of $34.35 and a 200-day moving average price of $32.58. The firm has a market cap of $25.48 million, a price-to-earnings ratio of 34.93 and a beta of 0.92. U.S. Diversified Real Estate ETF has a 1 year low of $29.34 and a 1 year high of $35.44.

Institutional Investors Weigh In On U.S. Diversified Real Estate ETF

An institutional investor recently raised its stake in U.S. Diversified Real Estate ETF stock. Arkadios Wealth Advisors raised its position in U.S. Diversified Real Estate ETF (NYSEARCA:PPTYFree Report) by 8.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,950 shares of the company’s stock after buying an additional 1,406 shares during the period. Arkadios Wealth Advisors owned 2.53% of U.S. Diversified Real Estate ETF worth $571,000 as of its most recent filing with the SEC.

U.S. Diversified Real Estate ETF Company Profile

(Get Free Report)

The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.

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