Short Interest in iShares Core U.S. REIT ETF (NYSEARCA:USRT) Declines By 36.2%

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 319,023 shares, a drop of 36.2% from the January 15th total of 499,849 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 684,210 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 684,210 shares, the short-interest ratio is currently 0.5 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in USRT. Root Financial Partners LLC purchased a new position in iShares Core U.S. REIT ETF during the 3rd quarter valued at $29,000. WealthShield Partners LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at about $29,000. CX Institutional grew its position in shares of iShares Core U.S. REIT ETF by 81.0% in the 3rd quarter. CX Institutional now owns 608 shares of the company’s stock worth $36,000 after buying an additional 272 shares during the last quarter. Signaturefd LLC raised its stake in shares of iShares Core U.S. REIT ETF by 143.7% during the 4th quarter. Signaturefd LLC now owns 641 shares of the company’s stock worth $37,000 after acquiring an additional 378 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $40,000.

iShares Core U.S. REIT ETF Stock Performance

Shares of iShares Core U.S. REIT ETF stock traded up $0.77 on Friday, hitting $62.30. 93,356 shares of the company’s stock were exchanged, compared to its average volume of 496,368. The stock has a market capitalization of $3.54 billion, a PE ratio of 35.32 and a beta of 1.02. The company has a 50-day simple moving average of $58.14 and a 200-day simple moving average of $57.97. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $62.83.

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.