Short Interest in iREIT MarketVector Quality REIT Index ETF (NYSEARCA:IRET) Decreases By 92.4%

iREIT MarketVector Quality REIT Index ETF (NYSEARCA:IRET) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 17 shares, a drop of 92.4% from the April 15th total of 225 shares. Based on an average trading volume of 461 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

iREIT MarketVector Quality REIT Index ETF Price Performance

iREIT MarketVector Quality REIT Index ETF stock remained flat at $21.29 during midday trading on Wednesday. 2,506 shares of the company traded hands, compared to its average volume of 571. The firm has a 50 day moving average price of $20.29 and a two-hundred day moving average price of $19.61. iREIT MarketVector Quality REIT Index ETF has a twelve month low of $18.41 and a twelve month high of $21.31. The stock has a market capitalization of $2.55 million, a PE ratio of 5.07 and a beta of 1.01.

About iREIT MarketVector Quality REIT Index ETF

The iREIT – MarketVector Quality REIT Index ETF (IRET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tiered-weighted index comprised of high-quality and high-value US REITs, along with up to 4 preferred REIT stocks. The portfolio is diversified across sectors and predominantly allocated towards high-quality REITs, selected based on fundamental research. IRET was launched on Mar 5, 2024 and is issued by iREIT.