iShares Core U.S. REIT ETF (NYSEARCA:USRT) Short Interest Update

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 274,673 shares, an increase of 78.6% from the August 31st total of 153,786 shares. Based on an average daily trading volume, of 639,286 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are short sold.

iShares Core U.S. REIT ETF Price Performance

Shares of NYSEARCA:USRT traded down $0.33 during trading on Wednesday, reaching $61.87. The company had a trading volume of 1,811,699 shares, compared to its average volume of 519,631. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a fifty-two week low of $56.44 and a fifty-two week high of $70.09. The stock’s fifty day moving average price is $65.98 and its 200 day moving average price is $64.81.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at about $38,000. Huntington National Bank lifted its stake in shares of iShares Core U.S. REIT ETF by 71,200.0% during the 4th quarter. Huntington National Bank now owns 713 shares of the company’s stock worth $41,000 after purchasing an additional 712 shares during the period. SHP Wealth Management acquired a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth about $46,000. First Horizon Corp acquired a new position in iShares Core U.S. REIT ETF during the first quarter worth approximately $65,000. Finally, Western Wealth Management LLC acquired a new position in iShares Core U.S. REIT ETF in the first quarter valued at $65,000.

iShares Core U.S. REIT ETF Company Profile

The iShares Core U.S. REIT ETF (USRT) is an exchange-traded fund that is based on the FTSE Nareit \u002F Equity REITs – INV index, a market-cap-weighted index of US-listed REITs USRT was launched on May 1, 2007 and is managed by BlackRock.