iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Stock Short Interest Report for September

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 46,188 shares, an increase of 374.4% from the September 15th total of 9,736 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 60,159 shares, the days-to-cover ratio is presently 0.8 days.

iShares Residential and Multisector Real Estate ETF Stock Up 0.6%

Shares of NYSEARCA:REZ traded up $0.57 during midday trading on Monday, hitting $88.41. The stock had a trading volume of 88,716 shares, compared to its average volume of 57,476. iShares Residential and Multisector Real Estate ETF has a 12 month low of $80.86 and a 12 month high of $100.43. The business’s 50-day simple moving average is $92.44 and its 200-day simple moving average is $91.63. The company has a market cap of $786.84 million, a P/E ratio of 43.88 and a beta of 0.82.

Institutional Trading of iShares Residential and Multisector Real Estate ETF

A number of large investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in shares of iShares Residential and Multisector Real Estate ETF during the 3rd quarter worth about $511,000. Congress Asset Management Co. acquired a new stake in iShares Residential and Multisector Real Estate ETF in the 3rd quarter valued at about $1,204,000. RVW Wealth LLC acquired a new stake in iShares Residential and Multisector Real Estate ETF in the 3rd quarter valued at about $285,000. CX Institutional acquired a new stake in iShares Residential and Multisector Real Estate ETF in the 3rd quarter valued at about $1,110,000. Finally, Cornerstone Planning Group LLC lifted its stake in iShares Residential and Multisector Real Estate ETF by 15.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 200,966 shares of the company’s stock valued at $18,057,000 after purchasing an additional 26,185 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Company Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.