Short Interest in iShares Core U.S. REIT ETF (NYSEARCA:USRT) Expands By 160.0%

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,265,406 shares, a growth of 160.0% from the November 30th total of 486,606 shares. Based on an average trading volume of 465,563 shares, the short-interest ratio is presently 2.7 days. Currently, 2.3% of the company’s stock are sold short. Currently, 2.3% of the company’s stock are sold short. Based on an average trading volume of 465,563 shares, the short-interest ratio is presently 2.7 days.

iShares Core U.S. REIT ETF Stock Up 0.0%

Shares of NYSEARCA USRT traded up $0.01 during trading hours on Friday, hitting $57.18. The company had a trading volume of 381,129 shares, compared to its average volume of 298,348. The firm’s 50 day moving average is $57.91 and its 200-day moving average is $57.60. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $60.63. The stock has a market capitalization of $3.10 billion, a P/E ratio of 35.32 and a beta of 1.02.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Several hedge funds have recently bought and sold shares of the company. Cornerstone Management Inc. grew its holdings in iShares Core U.S. REIT ETF by 16.1% during the 3rd quarter. Cornerstone Management Inc. now owns 147,076 shares of the company’s stock valued at $8,636,000 after buying an additional 20,449 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares Core U.S. REIT ETF by 15.5% during the second quarter. Envestnet Asset Management Inc. now owns 459,255 shares of the company’s stock valued at $25,975,000 after purchasing an additional 61,716 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares Core U.S. REIT ETF by 33.6% in the second quarter. Park Avenue Securities LLC now owns 4,729 shares of the company’s stock worth $267,000 after acquiring an additional 1,189 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of iShares Core U.S. REIT ETF by 7.2% during the first quarter. Focus Partners Wealth now owns 28,195 shares of the company’s stock valued at $1,624,000 after purchasing an additional 1,889 shares in the last quarter. Finally, Envision Financial LLC boosted its position in iShares Core U.S. REIT ETF by 25.8% in the third quarter. Envision Financial LLC now owns 63,302 shares of the company’s stock worth $3,717,000 after purchasing an additional 12,987 shares during the last quarter.

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.