iShares U.S. Real Estate ETF (NYSEARCA:IYR) Short Interest Update

by · The Cerbat Gem

iShares U.S. Real Estate ETF (NYSEARCA:IYR – Get Free Report) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 10,390,452 shares, an increase of 30.2% from the November 30th total of 7,980,740 shares. Based on an average daily trading volume, of 6,599,624 shares, the short-interest ratio is currently 1.6 days. Approximately 26.4% of the company’s shares are sold short. Approximately 26.4% of the company’s shares are sold short. Based on an average daily trading volume, of 6,599,624 shares, the short-interest ratio is currently 1.6 days.

iShares U.S. Real Estate ETF Stock Down 0.9%

iShares U.S. Real Estate ETF stock traded down $0.82 during mid-day trading on Wednesday, hitting $93.89. 4,915,516 shares of the company’s stock were exchanged, compared to its average volume of 6,068,984. The company’s 50 day simple moving average is $95.02 and its 200-day simple moving average is $95.69. The firm has a market capitalization of $3.69 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $99.62.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

Institutional investors have recently modified their holdings of the business. Gallagher Fiduciary Advisors LLC increased its stake in iShares U.S. Real Estate ETF by 9,674.5% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 1,554,040 shares of the real estate investment trust’s stock worth $147,276,000 after purchasing an additional 1,538,141 shares in the last quarter. Citigroup Inc. lifted its stake in iShares U.S. Real Estate ETF by 149.4% in the second quarter. Citigroup Inc. now owns 1,807,775 shares of the real estate investment trust’s stock valued at $171,323,000 after buying an additional 1,083,044 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of iShares U.S. Real Estate ETF by 43,235.4% in the first quarter. Jones Financial Companies Lllp now owns 913,511 shares of the real estate investment trust’s stock valued at $95,014,000 after buying an additional 911,403 shares during the period. WealthNavi Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 8.2% in the third quarter. WealthNavi Inc. now owns 5,298,667 shares of the real estate investment trust’s stock valued at $514,395,000 after buying an additional 403,581 shares during the period. Finally, Jain Global LLC increased its position in shares of iShares U.S. Real Estate ETF by 151.5% during the third quarter. Jain Global LLC now owns 128,767 shares of the real estate investment trust’s stock worth $12,501,000 after acquiring an additional 378,767 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Company Profile

(Get Free Report)

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).

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