iShares Select U.S. REIT ETF (BATS:ICF) Sees Significant Growth in Short Interest

iShares Select U.S. REIT ETF (BATS:ICF) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 199,975 shares, a growth of 75.9% from the April 15th total of 113,714 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 154,291 shares, the short-interest ratio is presently 1.3 days.

iShares Select U.S. REIT ETF Price Performance

Shares of BATS ICF opened at $66.07 on Monday. iShares Select U.S. REIT ETF has a 1 year low of $58.91 and a 1 year high of $68.45. The stock has a market capitalization of $2.08 billion, a P/E ratio of 35.35 and a beta of 0.97. The company’s 50-day moving average is $64.96 and its 200 day moving average is $62.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ICF. Quantinno Capital Management LP bought a new position in shares of iShares Select U.S. REIT ETF in the 1st quarter worth approximately $313,000. Wealthspire Retirement LLC boosted its position in shares of iShares Select U.S. REIT ETF by 15.7% during the first quarter. Wealthspire Retirement LLC now owns 78,787 shares of the company’s stock valued at $4,876,000 after purchasing an additional 10,668 shares in the last quarter. Cornerstone Advisors Asset Management LLC grew its stake in iShares Select U.S. REIT ETF by 21.3% in the first quarter. Cornerstone Advisors Asset Management LLC now owns 63,720 shares of the company’s stock worth $3,944,000 after purchasing an additional 11,186 shares during the period. Dorsey Wright & Associates purchased a new stake in iShares Select U.S. REIT ETF in the first quarter worth $646,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in iShares Select U.S. REIT ETF by 7.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 8,940 shares of the company’s stock worth $602,000 after purchasing an additional 592 shares in the last quarter.

iShares Select U.S. REIT ETF Company Profile

iShares Cohen & Steers REIT ETF (the Fund), formerly iShares Cohen & Steers Realty Majors Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Cohen & Steers Realty Majors Index (the Index). The Index consists of selected real estate investment trusts (REITs). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.