Short Interest in iShares Global REIT ETF (NYSEARCA:REET) Decreases By 53.8%

iShares Global REIT ETF (NYSEARCA:REET) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,041,557 shares, a decline of 53.8% from the December 31st total of 2,252,741 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 879,244 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 879,244 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.6% of the company’s stock are sold short.

iShares Global REIT ETF Stock Down 0.1%

NYSEARCA:REET opened at $25.54 on Thursday. The company has a market cap of $4.44 billion, a PE ratio of 29.27 and a beta of 0.99. The business’s 50 day moving average is $25.22 and its two-hundred day moving average is $25.24. iShares Global REIT ETF has a 52 week low of $20.96 and a 52 week high of $26.07.

Institutional Trading of iShares Global REIT ETF

Several institutional investors have recently added to or reduced their stakes in REET. Regatta Capital Group LLC raised its holdings in shares of iShares Global REIT ETF by 3.9% during the third quarter. Regatta Capital Group LLC now owns 10,625 shares of the company’s stock worth $272,000 after purchasing an additional 395 shares during the period. Leo Wealth LLC grew its position in shares of iShares Global REIT ETF by 2.1% during the 2nd quarter. Leo Wealth LLC now owns 19,694 shares of the company’s stock valued at $486,000 after buying an additional 399 shares during the last quarter. Diversify Advisory Services LLC raised its stake in iShares Global REIT ETF by 4.5% during the fourth quarter. Diversify Advisory Services LLC now owns 9,802 shares of the company’s stock worth $254,000 after acquiring an additional 418 shares during the period. MML Investors Services LLC raised its stake in iShares Global REIT ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 33,543 shares of the company’s stock worth $829,000 after acquiring an additional 431 shares during the period. Finally, International Private Wealth Advisors LLC lifted its holdings in iShares Global REIT ETF by 4.0% in the fourth quarter. International Private Wealth Advisors LLC now owns 11,630 shares of the company’s stock worth $290,000 after acquiring an additional 443 shares during the last quarter.

iShares Global REIT ETF Company Profile

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.