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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw a large drop in short interest during 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 daily volume of 6,930,363 shares, the short-interest ratio is presently 1.1 days. Approximately 18.5% of the shares of the stock are sold short. Approximately 18.5% of the shares of the stock are sold short. Based on an average daily volume of 6,930,363 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IYR. Barclays PLC lifted its stake in iShares U.S. Real Estate ETF by 1.8% in the 4th quarter. Barclays PLC now owns 6,260,125 shares of the real estate investment trust’s stock valued at $587,763,000 after purchasing an additional 108,864 shares during the last quarter. WealthNavi Inc. grew its stake in shares of iShares U.S. Real Estate ETF by 10.2% during the fourth quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock worth $548,218,000 after buying an additional 540,270 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $399,722,000. Cibc World Markets Corp bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $322,756,000. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $276,312,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock opened at $96.84 on Thursday. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $101.80. The stock has a market capitalization of $4.10 billion, a P/E ratio of 35.41 and a beta of 1.01. The stock has a fifty day moving average of $98.06 and a 200-day moving average of $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).