iShares U.S. Real Estate ETF (NYSEARCA:IYR) Short Interest Update

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 8,507,202 shares, a decrease of 18.1% from the December 15th total of 10,390,452 shares. Currently, 18.6% of the shares of the company are sold short. Based on an average trading volume of 5,281,282 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 5,281,282 shares, the short-interest ratio is currently 1.6 days. Currently, 18.6% of the shares of the company are sold short.

iShares U.S. Real Estate ETF Stock Performance

Shares of iShares U.S. Real Estate ETF stock traded up $1.28 during trading on Monday, hitting $98.31. 7,273,502 shares of the company’s stock were exchanged, compared to its average volume of 6,792,993. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01. The business has a 50-day simple moving average of $94.90 and a 200-day simple moving average of $95.73. iShares U.S. Real Estate ETF has a 52-week low of $81.53 and a 52-week high of $99.62.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Gallagher Fiduciary Advisors LLC grew its holdings in iShares U.S. Real Estate ETF by 9,674.5% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 1,554,040 shares of the real estate investment trust’s stock worth $147,276,000 after acquiring an additional 1,538,141 shares during the period. Citigroup Inc. boosted its position in iShares U.S. Real Estate ETF by 149.4% in the 2nd quarter. Citigroup Inc. now owns 1,807,775 shares of the real estate investment trust’s stock worth $171,323,000 after purchasing an additional 1,083,044 shares in the last quarter. WealthNavi Inc. grew its stake in shares of iShares U.S. Real Estate ETF by 10.2% during the 4th quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock worth $548,218,000 after purchasing an additional 540,270 shares during the period. Jain Global LLC grew its stake in shares of iShares U.S. Real Estate ETF by 151.5% during the 3rd quarter. Jain Global LLC now owns 128,767 shares of the real estate investment trust’s stock worth $12,501,000 after purchasing an additional 378,767 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in shares of iShares U.S. Real Estate ETF by 69.1% during the 2nd quarter. Hsbc Holdings PLC now owns 790,403 shares of the real estate investment trust’s stock valued at $74,173,000 after purchasing an additional 322,881 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

About iShares U.S. Real Estate ETF

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).