Short Interest in iShares Core U.S. REIT ETF (NYSEARCA:USRT) Declines By 52.1%

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 499,849 shares, a decline of 52.1% from the December 31st total of 1,042,731 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 544,646 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 544,646 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

A number of institutional investors have recently added to or reduced their stakes in USRT. Root Financial Partners LLC bought a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth approximately $29,000. CX Institutional raised its stake in iShares Core U.S. REIT ETF by 81.0% during the third quarter. CX Institutional now owns 608 shares of the company’s stock worth $36,000 after acquiring an additional 272 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 143.7% during the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock valued at $37,000 after acquiring an additional 378 shares during the period. Founders Financial Alliance LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 33.3% in the 3rd quarter. Founders Financial Alliance LLC now owns 740 shares of the company’s stock valued at $43,000 after purchasing an additional 185 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in shares of iShares Core U.S. REIT ETF by 150.8% in the 2nd quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock worth $46,000 after purchasing an additional 493 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT traded up $0.25 during midday trading on Friday, reaching $58.67. 527,259 shares of the company’s stock were exchanged, compared to its average volume of 614,393. The company’s 50 day simple moving average is $57.85 and its two-hundred day simple moving average is $57.79. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $60.63. The firm has a market capitalization of $3.33 billion, a PE ratio of 35.32 and a beta of 1.02.

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.