iShares Select U.S. REIT ETF (BATS:ICF) Sees Significant Growth in Short Interest

iShares Select U.S. REIT ETF (BATS:ICF) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 51,132 shares, an increase of 96.3% from the July 15th total of 26,045 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 135,489 shares, the short-interest ratio is presently 0.4 days.

iShares Select U.S. REIT ETF Stock Up 0.3%

Shares of ICF stock opened at $69.06 on Friday. The company’s fifty day simple moving average is $68.66 and its two-hundred day simple moving average is $66.31. iShares Select U.S. REIT ETF has a 52 week low of $58.91 and a 52 week high of $71.01. The stock has a market cap of $2.18 billion, a P/E ratio of 35.35 and a beta of 0.97.

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

A number of hedge funds have recently made changes to their positions in the company. AlphaCore Capital LLC purchased a new position in iShares Select U.S. REIT ETF during the 4th quarter valued at approximately $37,000. Harbour Investments Inc. raised its holdings in shares of iShares Select U.S. REIT ETF by 28.6% during the 4th quarter. Harbour Investments Inc. now owns 918 shares of the company’s stock worth $55,000 after acquiring an additional 204 shares in the last quarter. Assetmark Inc. raised its holdings in shares of iShares Select U.S. REIT ETF by 69.6% during the 4th quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock worth $71,000 after acquiring an additional 491 shares in the last quarter. Biltmore Family Office LLC boosted its position in shares of iShares Select U.S. REIT ETF by 40.0% during the 4th quarter. Biltmore Family Office LLC now owns 1,400 shares of the company’s stock valued at $84,000 after acquiring an additional 400 shares during the last quarter. Finally, Quadrant Capital Group LLC bought a new position in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at approximately $85,000.

iShares Select U.S. REIT ETF Company Profile

iShares Cohen & Steers REIT ETF (the Fund), formerly iShares Cohen & Steers Realty Majors Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Cohen & Steers Realty Majors Index (the Index). The Index consists of selected real estate investment trusts (REITs). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.