iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Short Interest Update

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 68,626 shares, an increase of 63.1% from the December 31st total of 42,076 shares. Based on an average daily trading volume, of 71,245 shares, the short-interest ratio is currently 1.0 days. Currently, 0.7% of the company’s stock are short sold. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 71,245 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On iShares Residential and Multisector Real Estate ETF

Several hedge funds have recently bought and sold shares of REZ. Franklin Parlapiano Turner & Welch LLC grew its holdings in iShares Residential and Multisector Real Estate ETF by 0.6% during the second quarter. Franklin Parlapiano Turner & Welch LLC now owns 474,807 shares of the company’s stock worth $39,096,000 after purchasing an additional 3,003 shares during the period. Cornerstone Planning Group LLC lifted its position in shares of iShares Residential and Multisector Real Estate ETF by 1.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 174,781 shares of the company’s stock valued at $14,419,000 after buying an additional 2,473 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares Residential and Multisector Real Estate ETF by 1.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 156,623 shares of the company’s stock worth $13,312,000 after acquiring an additional 2,136 shares during the period. Van ECK Associates Corp raised its stake in iShares Residential and Multisector Real Estate ETF by 21.6% in the 3rd quarter. Van ECK Associates Corp now owns 134,348 shares of the company’s stock valued at $11,416,000 after acquiring an additional 23,895 shares during the period. Finally, AXS Investments LLC raised its stake in iShares Residential and Multisector Real Estate ETF by 6.1% in the 3rd quarter. AXS Investments LLC now owns 72,489 shares of the company’s stock valued at $6,159,000 after acquiring an additional 4,199 shares during the period.

iShares Residential and Multisector Real Estate ETF Trading Down 0.3%

Shares of iShares Residential and Multisector Real Estate ETF stock traded down $0.27 on Monday, reaching $83.76. 26,419 shares of the company were exchanged, compared to its average volume of 71,340. iShares Residential and Multisector Real Estate ETF has a one year low of $73.23 and a one year high of $89.15. The company has a 50-day moving average of $84.11 and a 200 day moving average of $83.68. The company has a market capitalization of $778.97 million, a price-to-earnings ratio of 43.88 and a beta of 0.89.

About iShares Residential and Multisector Real Estate ETF

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.