Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE) Sees Significant Growth in Short Interest

Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,500 shares, an increase of 169.2% from the August 31st total of 1,300 shares. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Principal Real Estate Active Opportunities ETF

An institutional investor recently bought a new position in Principal Real Estate Active Opportunities ETF stock. Virtu Financial LLC bought a new position in Principal Real Estate Active Opportunities ETF (NYSEARCA:BYRE) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 9,664 shares of the company’s stock, valued at approximately $246,000. Virtu Financial LLC owned about 1.86% of Principal Real Estate Active Opportunities ETF as of its most recent SEC filing.

Principal Real Estate Active Opportunities ETF Stock Up 0.4%

Shares of BYRE opened at $25.15 on Friday. Principal Real Estate Active Opportunities ETF has a 52-week low of $22.09 and a 52-week high of $26.79. The company has a market capitalization of $18.61 million, a PE ratio of 35.23 and a beta of 1.43. The stock has a fifty day simple moving average of $25.16 and a two-hundred day simple moving average of $25.16.

Principal Real Estate Active Opportunities ETF Company Profile

The Principal Real Estate Active Opportunities ETF (BYRE) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, non-transparent fund that seeks total return by centering on US-listed companies in the real estate industry, selected using a bottom-up fundamental approach.