Short Interest in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Expands By 24.2%

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 76,024 shares, an increase of 24.2% from the January 29th total of 61,216 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 100,911 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 100,911 shares, the short-interest ratio is currently 0.8 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Residential and Multisector Real Estate ETF

A number of institutional investors and hedge funds have recently bought and sold shares of REZ. Monetary Solutions Ltd acquired a new stake in iShares Residential and Multisector Real Estate ETF during the 4th quarter valued at $26,000. Sound Income Strategies LLC boosted its stake in shares of iShares Residential and Multisector Real Estate ETF by 19.3% during the fourth quarter. Sound Income Strategies LLC now owns 2,331 shares of the company’s stock valued at $201,000 after acquiring an additional 377 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF during the fourth quarter valued at $533,000. Jones Financial Companies Lllp increased its position in iShares Residential and Multisector Real Estate ETF by 15.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,700 shares of the company’s stock worth $563,000 after purchasing an additional 874 shares in the last quarter. Finally, Lederer & Associates Investment Counsel CA raised its stake in iShares Residential and Multisector Real Estate ETF by 190.7% in the 4th quarter. Lederer & Associates Investment Counsel CA now owns 6,905 shares of the company’s stock valued at $571,000 after purchasing an additional 4,530 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Price Performance

REZ traded up $0.17 during midday trading on Wednesday, reaching $89.58. 35,745 shares of the company’s stock were exchanged, compared to its average volume of 75,577. iShares Residential and Multisector Real Estate ETF has a 1-year low of $73.23 and a 1-year high of $90.55. The stock has a market capitalization of $837.57 million, a PE ratio of 43.88 and a beta of 0.89. The business’s 50-day moving average price is $85.71 and its 200 day moving average price is $84.54.

iShares Residential and Multisector Real Estate ETF Company Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.