iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Growth in Short Interest

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a large growth in short interest in 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. Based on an average trading volume of 639,286 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of iShares Core U.S. REIT ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Glenmede Trust Co. NA lifted its stake in iShares Core U.S. REIT ETF by 12.6% in the 1st quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock valued at $116,324,000 after buying an additional 219,237 shares in the last quarter. Fifth Third Bancorp increased its stake in iShares Core U.S. REIT ETF by 213,523.6% during the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock worth $46,026,000 after buying an additional 777,226 shares in the last quarter. Disciplina Capital Management LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 12.1% during the fourth quarter. Disciplina Capital Management LLC now owns 768,873 shares of the company’s stock valued at $43,795,000 after acquiring an additional 82,788 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 9.5% during the fourth quarter. Corient Private Wealth LLC now owns 637,498 shares of the company’s stock valued at $37,248,000 after acquiring an additional 55,121 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of iShares Core U.S. REIT ETF by 7.1% in the first quarter. Apollon Wealth Management LLC now owns 576,209 shares of the company’s stock valued at $34,106,000 after acquiring an additional 38,281 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA USRT traded down $0.56 on Thursday, hitting $61.02. The company had a trading volume of 1,538,023 shares, compared to its average volume of 527,587. The company’s fifty day moving average price is $65.85 and its 200-day moving average price is $64.82. The company has a market capitalization of $4.24 billion, a PE ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a 12-month low of $56.44 and a 12-month high of $70.09.

iShares Core U.S. REIT ETF Company Profile

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.