iShares Select U.S. REIT ETF (BATS:ICF) Short Interest Update

iShares Select U.S. REIT ETF (BATS:ICF) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 199,975 shares, an increase of 75.9% from the April 15th total of 113,714 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 154,291 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On iShares Select U.S. REIT ETF

A number of institutional investors have recently added to or reduced their stakes in ICF. AMG National Trust Bank grew its stake in shares of iShares Select U.S. REIT ETF by 4.7% in the third quarter. AMG National Trust Bank now owns 330,217 shares of the company’s stock worth $20,348,000 after acquiring an additional 14,812 shares during the last quarter. Huntington National Bank grew its stake in shares of iShares Select U.S. REIT ETF by 31.9% in the third quarter. Huntington National Bank now owns 249,816 shares of the company’s stock worth $15,394,000 after acquiring an additional 60,408 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares Select U.S. REIT ETF by 1,685.6% in the fourth quarter. Farther Finance Advisors LLC now owns 15,017 shares of the company’s stock worth $896,000 after acquiring an additional 14,176 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares Select U.S. REIT ETF in the third quarter worth $811,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of iShares Select U.S. REIT ETF in the fourth quarter worth $609,000.

iShares Select U.S. REIT ETF Trading Up 1.4%

ICF opened at $66.97 on Tuesday. The stock has a fifty day simple moving average of $64.99 and a two-hundred day simple moving average of $62.73. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 12-month low of $58.91 and a 12-month high of $68.45.

About iShares Select U.S. REIT ETF

iShares Cohen & Steers REIT ETF (the Fund), formerly iShares Cohen & Steers Realty Majors Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Cohen & Steers Realty Majors Index (the Index). The Index consists of selected real estate investment trusts (REITs). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.