Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) Sees Significant Drop in Short Interest

Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 377 shares, a decline of 71.0% from the May 31st total of 1,301 shares. Based on an average daily volume of 2,501 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Janus Henderson U.S. Real Estate ETF stock. Main Street Group LTD acquired a new position in Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,839 shares of the company’s stock, valued at approximately $45,000. Main Street Group LTD owned 1.23% of Janus Henderson U.S. Real Estate ETF as of its most recent filing with the Securities & Exchange Commission.

Janus Henderson U.S. Real Estate ETF Price Performance

JRE stock traded down $0.13 during midday trading on Monday, hitting $27.82. The stock had a trading volume of 1,010 shares, compared to its average volume of 891. The business has a 50-day moving average of $26.76 and a two-hundred day moving average of $25.30. The firm has a market cap of $4.17 million, a price-to-earnings ratio of 36.71 and a beta of 0.91. Janus Henderson U.S. Real Estate ETF has a 52-week low of $23.05 and a 52-week high of $28.06.

About Janus Henderson U.S. Real Estate ETF

The Janus Henderson U.S. Real Estate ETF (JRE) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund of real-estate and real estate-related companies in the United States. JRE was launched on Jun 22, 2021 and is managed by Janus Henderson.