iShares Global REIT ETF (NYSEARCA:REET) Shares Shorted: Short Interest Up 118.6% in September

iShares Global REIT ETF (NYSEARCA:REET) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,400,595 shares, a growth of 118.6% from the September 15th total of 640,620 shares. Based on an average trading volume of 2,767,312 shares, the short-interest ratio is presently 0.5 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Trading of iShares Global REIT ETF

A number of institutional investors have recently bought and sold shares of the business. SHP Wealth Management acquired a new position in iShares Global REIT ETF in the fourth quarter valued at about $25,000. Mascoma Wealth Management LLC acquired a new position in shares of iShares Global REIT ETF during the 1st quarter worth about $33,000. Continuum Advisory LLC bought a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at about $36,000. Bessemer Group Inc. increased its stake in shares of iShares Global REIT ETF by 124.0% in the 1st quarter. Bessemer Group Inc. now owns 2,361 shares of the company’s stock valued at $60,000 after acquiring an additional 1,307 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA acquired a new stake in shares of iShares Global REIT ETF in the 2nd quarter valued at approximately $73,000.

iShares Global REIT ETF Stock Down 0.6%

NYSEARCA:REET traded down $0.16 during mid-day trading on Wednesday, reaching $25.66. 4,447,359 shares of the company were exchanged, compared to its average volume of 2,382,289. The stock has a market cap of $4.64 billion, a PE ratio of 29.27 and a beta of 0.91. iShares Global REIT ETF has a 12 month low of $24.65 and a 12 month high of $29.06. The company has a fifty day moving average of $26.93 and a 200 day moving average of $27.21.

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.