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

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

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Hedge funds have recently modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at $38,000. Huntington National Bank grew its stake in iShares Core U.S. REIT ETF by 71,200.0% in the fourth quarter. Huntington National Bank now owns 713 shares of the company’s stock valued at $41,000 after purchasing an additional 712 shares in the last quarter. SHP Wealth Management bought a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth approximately $46,000. Western Wealth Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the 1st quarter valued at $65,000. Finally, First Horizon Corp acquired a new stake in shares of iShares Core U.S. REIT ETF in the first quarter worth about $65,000.

iShares Core U.S. REIT ETF Trading Down 0.0%

iShares Core U.S. REIT ETF stock traded down $0.03 during midday trading on Tuesday, reaching $62.19. 1,046,778 shares of the stock traded hands, compared to its average volume of 512,925. The firm has a fifty day moving average price of $66.11 and a two-hundred day moving average price of $64.81. iShares Core U.S. REIT ETF has a fifty-two week low of $56.44 and a fifty-two week high of $70.09. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

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.