Short Interest in iShares U.S. Real Estate ETF (NYSEARCA:IYR) Decreases By 18.1%

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 8,507,202 shares, a decline of 18.1% from the December 15th total of 10,390,452 shares. Approximately 18.6% of the company’s shares are sold short. Based on an average daily volume of 5,281,282 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 5,281,282 shares, the days-to-cover ratio is presently 1.6 days. Approximately 18.6% of the company’s shares are sold short.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR traded up $1.28 during midday trading on Monday, hitting $98.31. 7,273,502 shares of the stock were exchanged, compared to its average volume of 6,792,993. iShares U.S. Real Estate ETF has a 52-week low of $81.53 and a 52-week high of $99.62. The stock has a fifty day simple moving average of $94.90 and a 200 day simple moving average of $95.73. The firm has a market cap of $4.33 billion, a P/E ratio of 35.41 and a beta of 1.01.

Institutional Trading of iShares U.S. Real Estate ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Glassy Mountain Advisors Inc. acquired a new stake in shares of iShares U.S. Real Estate ETF during the third quarter worth about $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $39,000. Harbour Investments Inc. acquired a new stake in iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $72,000. Russell Investments Group Ltd. lifted its holdings in iShares U.S. Real Estate ETF by 68.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 308 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $95,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Company Profile

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).