iShares U.S. Real Estate ETF (NYSEARCA:IYR) Short Interest Down 12.0% in February

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 7,855,291 shares, a drop of 12.0% from the February 12th total of 8,922,427 shares. Based on an average trading volume of 6,930,363 shares, the short-interest ratio is currently 1.1 days. Approximately 18.5% of the company’s stock are sold short. Approximately 18.5% of the company’s stock are sold short. Based on an average trading volume of 6,930,363 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assetmark Inc. grew its position in iShares U.S. Real Estate ETF by 145.9% in the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 159 shares during the period. Glassy Mountain Advisors Inc. purchased a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth $27,000. Modus Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth $28,000. Fifth Third Bancorp bought a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter worth $38,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of iShares U.S. Real Estate ETF in the third quarter worth $39,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR opened at $98.37 on Wednesday. The stock has a market cap of $4.17 billion, a PE ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $101.80. The firm’s 50-day simple moving average is $98.00 and its two-hundred day simple moving average is $96.46.

iShares U.S. Real Estate ETF Company Profile

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).