Short Interest in iShares Core U.S. REIT ETF (NYSEARCA:USRT) Increases By 1,094.7%

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 5,131,166 shares, an increase of 1,094.7% from the May 14th total of 429,477 shares. Approximately 8.8% of the company’s shares are short sold. Based on an average trading volume of 376,952 shares, the short-interest ratio is currently 13.6 days.

Institutional Trading of iShares Core U.S. REIT ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Morgan Stanley increased its position in iShares Core U.S. REIT ETF by 110.7% during the fourth quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock valued at $123,281,000 after acquiring an additional 1,136,903 shares during the last quarter. Fifth Third Bancorp grew its holdings in iShares Core U.S. REIT ETF by 213,523.6% during the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock valued at $46,026,000 after purchasing an additional 777,226 shares during the last quarter. 93 Financial Group LLC purchased a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth about $20,812,000. Stadion Money Management LLC bought a new stake in iShares Core U.S. REIT ETF in the first quarter worth about $17,417,000. Finally, Sumitomo Life Insurance Co. lifted its stake in iShares Core U.S. REIT ETF by 488.1% in the third quarter. Sumitomo Life Insurance Co. now owns 282,300 shares of the company’s stock worth $16,577,000 after purchasing an additional 234,300 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Up 0.3%

NYSEARCA USRT traded up $0.22 during trading hours on Wednesday, hitting $66.36. 348,478 shares of the company were exchanged, compared to its average volume of 459,187. iShares Core U.S. REIT ETF has a 52 week low of $55.34 and a 52 week high of $66.73. The stock has a 50-day moving average price of $63.64 and a 200 day moving average price of $60.82. The stock has a market cap of $3.88 billion, a PE ratio of 35.32 and a beta of 0.97.

About iShares Core U.S. REIT ETF

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.