iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Short Interest Update

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 40,826 shares, a decrease of 64.4% from the November 30th total of 114,534 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 83,693 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 83,693 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are sold short.

iShares Residential and Multisector Real Estate ETF Price Performance

Shares of NYSEARCA:REZ traded up $0.06 on Friday, reaching $82.94. 59,487 shares of the company traded hands, compared to its average volume of 74,335. The stock has a market capitalization of $775.49 million, a PE ratio of 43.88 and a beta of 0.89. The company’s 50 day moving average is $84.11 and its 200-day moving average is $83.44. iShares Residential and Multisector Real Estate ETF has a fifty-two week low of $73.23 and a fifty-two week high of $89.15.

Hedge Funds Weigh In On iShares Residential and Multisector Real Estate ETF

A number of hedge funds and other institutional investors have recently modified their holdings of REZ. Main Street Group LTD raised its holdings in iShares Residential and Multisector Real Estate ETF by 48.3% during the 2nd quarter. Main Street Group LTD now owns 1,020 shares of the company’s stock worth $84,000 after buying an additional 332 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of iShares Residential and Multisector Real Estate ETF by 15.0% during the third quarter. Jones Financial Companies Lllp now owns 6,700 shares of the company’s stock valued at $563,000 after acquiring an additional 874 shares during the period. Kendall Capital Management lifted its position in shares of iShares Residential and Multisector Real Estate ETF by 3.8% in the 2nd quarter. Kendall Capital Management now owns 10,683 shares of the company’s stock valued at $880,000 after acquiring an additional 393 shares in the last quarter. Leavell Investment Management Inc. boosted its stake in iShares Residential and Multisector Real Estate ETF by 97.0% in the 2nd quarter. Leavell Investment Management Inc. now owns 12,384 shares of the company’s stock worth $1,020,000 after purchasing an additional 6,097 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its stake in iShares Residential and Multisector Real Estate ETF by 19.3% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 12,454 shares of the company’s stock worth $1,025,000 after purchasing an additional 2,017 shares during the period.

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.