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

iShares Global REIT ETF (NYSEARCA:REET) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 941,236 shares, a growth of 87.4% from the January 29th total of 502,314 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,691,371 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 1,691,371 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the shares of the stock are sold short.

iShares Global REIT ETF Stock Down 0.1%

Shares of REET stock traded down $0.04 during trading hours on Friday, hitting $27.25. 2,590,650 shares of the company’s stock were exchanged, compared to its average volume of 1,359,455. iShares Global REIT ETF has a fifty-two week low of $20.96 and a fifty-two week high of $27.45. The firm has a market cap of $4.74 billion, a P/E ratio of 29.27 and a beta of 0.99. The firm has a 50 day moving average of $25.86 and a two-hundred day moving average of $25.51.

Institutional Trading of iShares Global REIT ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at approximately $26,000. EFG International AG purchased a new stake in shares of iShares Global REIT ETF in the fourth quarter valued at about $50,000. Operose Advisors LLC increased its position in iShares Global REIT ETF by 211.1% during the fourth quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock worth $53,000 after purchasing an additional 1,440 shares during the last quarter. Westfuller Advisors LLC acquired a new stake in iShares Global REIT ETF during the third quarter worth about $58,000. Finally, American Trust purchased a new position in iShares Global REIT ETF during the fourth quarter worth about $62,000.

About iShares Global REIT ETF

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.