iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Sees Significant Decrease in Short Interest

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 13,740 shares, a decrease of 61.6% from the July 15th total of 35,787 shares. Based on an average trading volume of 38,766 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of REZ. Monetary Solutions Ltd bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the fourth quarter worth $26,000. Main Street Group LTD bought a new stake in iShares Residential and Multisector Real Estate ETF in the 1st quarter valued at $85,000. Farther Finance Advisors LLC acquired a new position in iShares Residential and Multisector Real Estate ETF in the 4th quarter worth $533,000. Lederer & Associates Investment Counsel CA boosted its stake in iShares Residential and Multisector Real Estate ETF by 190.7% in the 4th quarter. Lederer & Associates Investment Counsel CA now owns 6,905 shares of the company’s stock worth $571,000 after purchasing an additional 4,530 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its holdings in iShares Residential and Multisector Real Estate ETF by 7.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 14,702 shares of the company’s stock worth $1,215,000 after purchasing an additional 996 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Trading Up 0.3%

Shares of NYSEARCA:REZ traded up $0.25 during trading on Friday, hitting $95.41. 32,884 shares of the company’s stock traded hands, compared to its average volume of 50,150. iShares Residential and Multisector Real Estate ETF has a 52 week low of $80.86 and a 52 week high of $100.43. The company has a market cap of $868.23 million, a price-to-earnings ratio of 43.88 and a beta of 0.83. The company has a 50-day moving average price of $94.93 and a 200-day moving average price of $90.31.

About iShares Residential and Multisector Real Estate ETF

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.