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

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 76,024 shares, a growth of 24.2% from the January 29th total of 61,216 shares. Based on an average daily trading volume, of 100,911 shares, the short-interest ratio is presently 0.8 days. Currently, 0.8% of the shares of the company are sold short. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 100,911 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of iShares Residential and Multisector Real Estate ETF

Several hedge funds have recently made changes to their positions in REZ. Monetary Solutions Ltd acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at approximately $26,000. Sound Income Strategies LLC raised its position in iShares Residential and Multisector Real Estate ETF by 19.3% in the fourth quarter. Sound Income Strategies LLC now owns 2,331 shares of the company’s stock worth $201,000 after acquiring an additional 377 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in iShares Residential and Multisector Real Estate ETF in the fourth quarter valued at $533,000. Jones Financial Companies Lllp increased its holdings in shares of iShares Residential and Multisector Real Estate ETF by 15.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,700 shares of the company’s stock valued at $563,000 after purchasing an additional 874 shares in the last quarter. Finally, Lederer & Associates Investment Counsel CA lifted its stake in shares of iShares Residential and Multisector Real Estate ETF by 190.7% in the fourth quarter. Lederer & Associates Investment Counsel CA now owns 6,905 shares of the company’s stock valued at $571,000 after purchasing an additional 4,530 shares during the period.

iShares Residential and Multisector Real Estate ETF Trading Up 0.2%

NYSEARCA:REZ opened at $89.58 on Thursday. iShares Residential and Multisector Real Estate ETF has a 12-month low of $73.23 and a 12-month high of $90.55. The stock’s 50 day simple moving average is $85.71 and its 200-day simple moving average is $84.54. The firm has a market cap of $837.57 million, a P/E 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.