Short Interest in iShares Global REIT ETF (NYSEARCA:REET) Declines By 22.0%

iShares Global REIT ETF (NYSEARCA:REET) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 733,944 shares, a decrease of 22.0% from the February 12th total of 941,236 shares. Based on an average daily trading volume, of 1,805,305 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,805,305 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares Global REIT ETF

Institutional investors have recently bought and sold shares of the stock. SHP Wealth Management purchased a new position in iShares Global REIT ETF during the fourth quarter valued at $25,000. International Assets Investment Management LLC bought a new position in shares of iShares Global REIT ETF in the fourth quarter worth about $26,000. EFG International AG purchased a new position in shares of iShares Global REIT ETF during the 4th quarter valued at about $50,000. Operose Advisors LLC lifted its position in shares of iShares Global REIT ETF by 211.1% during the 4th quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after buying an additional 1,440 shares in the last quarter. Finally, Westfuller Advisors LLC bought a new position in shares of iShares Global REIT ETF during the 3rd quarter valued at approximately $58,000.

iShares Global REIT ETF Stock Down 0.5%

REET traded down $0.13 during trading on Friday, hitting $25.86. The company’s stock had a trading volume of 2,115,463 shares, compared to its average volume of 1,492,913. The business’s 50 day simple moving average is $26.16 and its 200-day simple moving average is $25.61. The firm has a market cap of $4.50 billion, a PE ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a one year low of $20.96 and a one year high of $27.44.

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.