Short Interest in iShares Core U.S. REIT ETF (NYSEARCA:USRT) Grows By 160.0%

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,265,406 shares, a growth of 160.0% from the November 30th total of 486,606 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily trading volume, of 465,563 shares, the short-interest ratio is currently 2.7 days. Based on an average daily trading volume, of 465,563 shares, the short-interest ratio is currently 2.7 days. Currently, 2.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core U.S. REIT ETF by 9.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,748,498 shares of the company’s stock worth $102,672,000 after acquiring an additional 145,652 shares during the period. Glenmede Investment Management LP lifted its position in shares of iShares Core U.S. REIT ETF by 4.8% in the third quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock valued at $98,285,000 after acquiring an additional 76,496 shares in the last quarter. Trust Co of Tennessee boosted its position in iShares Core U.S. REIT ETF by 8.8% during the third quarter. Trust Co of Tennessee now owns 1,084,369 shares of the company’s stock worth $63,675,000 after acquiring an additional 87,436 shares during the last quarter. Cerity Partners LLC increased its stake in shares of iShares Core U.S. REIT ETF by 3.7% during the 3rd quarter. Cerity Partners LLC now owns 870,659 shares of the company’s stock valued at $51,125,000 after acquiring an additional 31,328 shares during the last quarter. Finally, Heritage Financial Services LLC raised its position in shares of iShares Core U.S. REIT ETF by 5.3% in the 3rd quarter. Heritage Financial Services LLC now owns 778,350 shares of the company’s stock worth $45,705,000 after buying an additional 39,470 shares during the period.

iShares Core U.S. REIT ETF Stock Up 0.0%

USRT traded up $0.01 on Friday, reaching $57.18. The company had a trading volume of 381,129 shares, compared to its average volume of 298,348. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $60.63. The stock has a market capitalization of $3.10 billion, a PE ratio of 35.32 and a beta of 1.02. The stock has a 50-day moving average price of $57.91 and a 200-day moving average price of $57.60.

About iShares Core U.S. REIT ETF

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.