Short Interest in iShares U.S. Real Estate ETF (NYSEARCA:IYR) Grows By 46.8%

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 10,557,620 shares, a growth of 46.8% from the March 31st total of 7,191,586 shares. Currently, 27.6% of the shares of the stock are short sold. Based on an average daily volume of 5,799,510 shares, the days-to-cover ratio is currently 1.8 days.

iShares U.S. Real Estate ETF Trading Up 1.1%

IYR traded up $1.15 on Thursday, hitting $102.05. 4,456,839 shares of the company’s stock traded hands, compared to its average volume of 7,614,809. The company’s 50 day simple moving average is $98.58 and its 200-day simple moving average is $96.75. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 35.41 and a beta of 1.02. iShares U.S. Real Estate ETF has a one year low of $91.40 and a one year high of $103.32.

Institutional Trading of iShares U.S. Real Estate ETF

A number of large investors have recently added to or reduced their stakes in the company. Barclays PLC increased its stake in iShares U.S. Real Estate ETF by 1.8% in the 4th quarter. Barclays PLC now owns 6,260,125 shares of the real estate investment trust’s stock worth $587,763,000 after acquiring an additional 108,864 shares during the last quarter. WealthNavi Inc. increased its stake in iShares U.S. Real Estate ETF by 2.9% in the 1st quarter. WealthNavi Inc. now owns 6,010,249 shares of the real estate investment trust’s stock worth $568,329,000 after acquiring an additional 171,312 shares during the last quarter. Hsbc Holdings PLC bought a new stake in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $399,722,000. Cibc World Markets Corp bought a new stake in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $322,756,000. Finally, Price T Rowe Associates Inc. MD bought a new stake in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $276,312,000. Institutional investors own 98.41% of the company’s stock.

About iShares U.S. Real Estate ETF

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).