iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Significant Decline in Short Interest

iShares Core U.S. REIT ETF (NYSEARCA:USRT) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,042,731 shares, a decline of 17.6% from the December 15th total of 1,265,406 shares. Based on an average daily trading volume, of 568,475 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.8% of the company’s stock are sold short. Approximately 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 568,475 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of USRT. Signaturefd LLC boosted its holdings in iShares Core U.S. REIT ETF by 143.7% in the 4th quarter. Signaturefd LLC now owns 641 shares of the company’s stock valued at $37,000 after purchasing an additional 378 shares in the last quarter. J2 Capital Management Inc raised its position in iShares Core U.S. REIT ETF by 3.9% during the fourth quarter. J2 Capital Management Inc now owns 11,585 shares of the company’s stock worth $660,000 after acquiring an additional 440 shares during the last quarter. Wealthcare Capital Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth approximately $251,000. Biltmore Wealth Management LLC lifted its position in shares of iShares Core U.S. REIT ETF by 2.5% in the fourth quarter. Biltmore Wealth Management LLC now owns 214,513 shares of the company’s stock valued at $12,219,000 after acquiring an additional 5,187 shares in the last quarter. Finally, IVC Wealth Advisors LLC lifted its holdings in iShares Core U.S. REIT ETF by 13.7% in the 4th quarter. IVC Wealth Advisors LLC now owns 4,013 shares of the company’s stock valued at $229,000 after purchasing an additional 484 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

iShares Core U.S. REIT ETF stock opened at $58.76 on Wednesday. The stock’s fifty day moving average is $57.75 and its two-hundred day moving average is $57.72. The stock has a market cap of $3.33 billion, a PE ratio of 35.32 and a beta of 1.02. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $60.63.

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.