iShares Core U.S. REIT ETF (NYSEARCA:USRT) Short Interest Down 21.8% in March

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 332,322 shares, a drop of 21.8% from the February 26th total of 425,102 shares. Based on an average daily trading volume, of 388,277 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Trading of iShares Core U.S. REIT ETF

Several institutional investors have recently modified their holdings of USRT. Brighton Jones LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter valued at about $660,000. Royal Bank of Canada increased its stake in shares of iShares Core U.S. REIT ETF by 12.9% in the 1st quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after acquiring an additional 11,175 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF during the first quarter valued at about $220,000. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core U.S. REIT ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,602,846 shares of the company’s stock worth $90,657,000 after buying an additional 69,516 shares during the period. Finally, Lido Advisors LLC raised its position in shares of iShares Core U.S. REIT ETF by 10.2% during the second quarter. Lido Advisors LLC now owns 229,649 shares of the company’s stock worth $12,989,000 after purchasing an additional 21,184 shares during the period.

iShares Core U.S. REIT ETF Trading Down 0.9%

Shares of NYSEARCA USRT opened at $58.14 on Friday. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $63.72. The company has a market cap of $3.31 billion, a PE ratio of 35.32 and a beta of 1.02. The company has a 50-day moving average of $60.63 and a two-hundred day moving average of $58.91.

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.