iShares Core U.S. REIT ETF (NYSEARCA:USRT) Short Interest Down 94.8% in June

iShares Core U.S. REIT ETF (NYSEARCA:USRTGet Free Report) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 266,702 shares, a decline of 94.8% from the May 31st total of 5,131,166 shares. Based on an average trading volume of 540,522 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the shares of the stock are short sold.

iShares Core U.S. REIT ETF Price Performance

NYSEARCA USRT traded up $0.38 during trading hours on Thursday, reaching $66.79. 632,524 shares of the stock traded hands, compared to its average volume of 472,659. The stock has a 50 day simple moving average of $64.86 and a two-hundred day simple moving average of $61.46. iShares Core U.S. REIT ETF has a 1 year low of $55.34 and a 1 year high of $67.00. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 35.32 and a beta of 0.97.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Several institutional investors have recently modified their holdings of USRT. WealthShield Partners LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at about $29,000. Signaturefd LLC boosted its stake in iShares Core U.S. REIT ETF by 143.7% in the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock worth $37,000 after buying an additional 378 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth approximately $38,000. Brown Brothers Harriman & Co. bought a new position in iShares Core U.S. REIT ETF during the fourth quarter valued at approximately $40,000. Finally, Huntington National Bank grew its position in iShares Core U.S. REIT ETF by 71,200.0% during the fourth quarter. Huntington National Bank now owns 713 shares of the company’s stock valued at $41,000 after acquiring an additional 712 shares during the last quarter.

About iShares Core U.S. REIT ETF

(Get Free Report)

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.

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