iShares Global REIT ETF (NYSEARCA:REET) Short Interest Update

iShares Global REIT ETF (NYSEARCA:REET) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 444,572 shares, a decrease of 66.5% from the July 15th total of 1,325,953 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 3,110,728 shares, the short-interest ratio is currently 0.1 days.

iShares Global REIT ETF Stock Up 0.2%

REET traded up $0.05 during trading on Friday, reaching $28.14. The company’s stock had a trading volume of 2,114,539 shares, compared to its average volume of 2,199,105. The firm has a fifty day simple moving average of $27.95 and a two-hundred day simple moving average of $27.04. iShares Global REIT ETF has a 1 year low of $24.65 and a 1 year high of $29.06. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 29.27 and a beta of 0.92.

Hedge Funds Weigh In On iShares Global REIT ETF

A number of institutional investors have recently added to or reduced their stakes in REET. Trust Co. of Vermont purchased a new position in shares of iShares Global REIT ETF during the 2nd quarter worth $857,000. Fiduciary Financial Group LLC grew its holdings in shares of iShares Global REIT ETF by 13.5% in the second quarter. Fiduciary Financial Group LLC now owns 239,851 shares of the company’s stock valued at $6,625,000 after purchasing an additional 28,551 shares during the period. Prosperity Planning Inc. acquired a new stake in iShares Global REIT ETF during the second quarter worth about $201,000. Polianta Ltd increased its position in iShares Global REIT ETF by 4.6% during the second quarter. Polianta Ltd now owns 4,427,000 shares of the company’s stock worth $122,273,000 after purchasing an additional 194,000 shares during the last quarter. Finally, 55 North Private Wealth LLC raised its stake in iShares Global REIT ETF by 12.7% during the second quarter. 55 North Private Wealth LLC now owns 77,981 shares of the company’s stock worth $2,154,000 after purchasing an additional 8,760 shares during the period.

iShares Global REIT ETF Company Profile

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.