iShares Global REIT ETF (NYSEARCA:REET) Sees Large Decrease in Short Interest

iShares Global REIT ETF (NYSEARCA:REET) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 572,626 shares, a decline of 22.0% from the February 26th total of 733,944 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 2,013,443 shares, the short-interest ratio is currently 0.3 days.

iShares Global REIT ETF Price Performance

iShares Global REIT ETF stock traded up $0.09 during mid-day trading on Monday, hitting $24.79. The company’s stock had a trading volume of 2,305,738 shares, compared to its average volume of 1,736,782. iShares Global REIT ETF has a 52-week low of $20.96 and a 52-week high of $27.44. The company has a market cap of $4.31 billion, a PE ratio of 29.27 and a beta of 0.99. The firm’s 50 day moving average is $26.16 and its 200 day moving average is $25.61.

Institutional Trading of iShares Global REIT ETF

Several institutional investors have recently made changes to their positions in REET. SHP Wealth Management acquired a new position in iShares Global REIT ETF in the 4th quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter valued at $26,000. EFG International AG acquired a new stake in shares of iShares Global REIT ETF during the 4th quarter valued at $50,000. Operose Advisors LLC grew its holdings in shares of iShares Global REIT ETF by 211.1% during the 4th quarter. Operose Advisors LLC now owns 2,122 shares of the company’s stock valued at $53,000 after acquiring an additional 1,440 shares in the last quarter. Finally, Westfuller Advisors LLC acquired a new position in shares of iShares Global REIT ETF in the third quarter worth $58,000.

About iShares Global REIT ETF

The iShares Global REIT ETF (REET) is an exchange-traded fund that is based on the FTSE EPRA Nareit Global REITs index, a global, market-cap-weighted index of firms involved in the ownership and operation of real estate. REET was launched on Jul 8, 2014 and is managed by BlackRock.