iShares Core U.S. REIT ETF (NYSEARCA:USRT) Short Interest Update

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 499,849 shares, a drop of 52.1% from the December 31st total of 1,042,731 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 544,646 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 544,646 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.9% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Hedge funds have recently bought and sold shares of the stock. Cornerstone Management Inc. lifted 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 worth $8,636,000 after buying an additional 20,449 shares during the last quarter. Biltmore Wealth Management LLC raised its stake in iShares Core U.S. REIT ETF by 5.3% during the third quarter. Biltmore Wealth Management LLC now owns 209,326 shares of the company’s stock worth $12,292,000 after acquiring an additional 10,537 shares during the period. Earned Wealth Advisors LLC lifted its holdings in iShares Core U.S. REIT ETF by 20.0% in the third quarter. Earned Wealth Advisors LLC now owns 82,189 shares of the company’s stock worth $4,826,000 after acquiring an additional 13,682 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Core U.S. REIT ETF by 15.5% during the 2nd 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 during the period. Finally, Cerity Partners LLC grew its stake in iShares Core U.S. REIT ETF by 3.7% during the 3rd quarter. Cerity Partners LLC now owns 870,659 shares of the company’s stock worth $51,125,000 after buying an additional 31,328 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Up 0.4%

NYSEARCA:USRT traded up $0.25 during trading hours on Friday, hitting $58.67. The company had a trading volume of 527,259 shares, compared to its average volume of 614,393. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $60.63. The company has a market cap of $3.33 billion, a P/E ratio of 35.32 and a beta of 1.02. The company has a 50-day moving average of $57.85 and a 200 day moving average of $57.79.

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.