iShares Core U.S. REIT ETF (NYSEARCA:USRT) Short Interest Update

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 274,673 shares, an increase of 78.6% from the August 31st total of 153,786 shares. Based on an average daily volume of 639,286 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are short sold.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT traded down $0.03 during trading on Tuesday, hitting $62.19. 1,046,778 shares of the stock were exchanged, compared to its average volume of 512,925. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a 1-year low of $56.44 and a 1-year high of $70.09. The company’s fifty day simple moving average is $66.11 and its 200-day simple moving average is $64.81.

Institutional Trading of iShares Core U.S. REIT ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of iShares Core U.S. REIT ETF by 50.2% during the second quarter. State Street Corp now owns 30,500 shares of the company’s stock worth $2,027,000 after purchasing an additional 10,200 shares in the last quarter. Tortoise Investment Management LLC acquired a new stake in iShares Core U.S. REIT ETF during the 2nd quarter worth $236,000. Cahill Financial Advisors Inc. lifted its holdings in iShares Core U.S. REIT ETF by 54.2% during the second quarter. Cahill Financial Advisors Inc. now owns 31,562 shares of the company’s stock worth $2,097,000 after acquiring an additional 11,096 shares in the last quarter. Capital Analysts LLC lifted its holdings in iShares Core U.S. REIT ETF by 16.7% during the second quarter. Capital Analysts LLC now owns 3,583 shares of the company’s stock worth $238,000 after acquiring an additional 514 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in iShares Core U.S. REIT ETF by 258.2% in the second quarter. Integrated Wealth Concepts LLC now owns 18,593 shares of the company’s stock valued at $1,235,000 after acquiring an additional 13,402 shares during the period.

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.