iShares Global REIT ETF (NYSEARCA:REET – Get Free Report) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 502,314 shares, a drop of 51.8% from the January 15th total of 1,041,557 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 1,106,650 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 1,106,650 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s shares are short sold.
iShares Global REIT ETF Stock Performance
REET stock traded up $0.27 during midday trading on Friday, reaching $26.98. 1,829,335 shares of the company traded hands, compared to its average volume of 1,225,711. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 29.27 and a beta of 0.99. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $27.14. The business has a 50 day moving average of $25.42 and a 200-day moving average of $25.34.
Institutional Trading of iShares Global REIT ETF
A number of institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in iShares Global REIT ETF during the fourth quarter valued at $26,000. Chilton Capital Management LLC purchased a new position in shares of iShares Global REIT ETF during the 2nd quarter worth about $28,000. Operose Advisors LLC grew its holdings in 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 purchasing an additional 1,440 shares during the last quarter. Westfuller Advisors LLC bought a new position in iShares Global REIT ETF during the 3rd quarter valued at about $58,000. Finally, CoreCap Advisors LLC raised its position in iShares Global REIT ETF by 27,800.0% in the 3rd quarter. CoreCap Advisors LLC now owns 2,511 shares of the company’s stock worth $64,000 after purchasing an additional 2,502 shares during the period.
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.
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