iShares Mortgage Real Estate ETF (BATS:REM) Short Interest Update

iShares Mortgage Real Estate ETF (BATS:REM) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 905,814 shares, an increase of 163.9% from the August 31st total of 343,202 shares. Based on an average trading volume of 555,222 shares, the short-interest ratio is currently 1.6 days. Approximately 3.5% of the company’s stock are sold short.

Institutional Trading of iShares Mortgage Real Estate ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in iShares Mortgage Real Estate ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 169,651 shares of the company’s stock worth $3,741,000 after buying an additional 10,907 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of iShares Mortgage Real Estate ETF by 7.9% in the second quarter. Tidal Investments LLC now owns 45,923 shares of the company’s stock worth $1,013,000 after buying an additional 3,375 shares in the last quarter. Arlington Capital Management Inc. grew its holdings in shares of iShares Mortgage Real Estate ETF by 7.8% during the second quarter. Arlington Capital Management Inc. now owns 50,891 shares of the company’s stock valued at $1,122,000 after buying an additional 3,677 shares during the last quarter. First PREMIER Bank purchased a new stake in shares of iShares Mortgage Real Estate ETF during the second quarter valued at approximately $34,000. Finally, NorthLanding Financial Partners LLC bought a new stake in shares of iShares Mortgage Real Estate ETF during the second quarter valued at approximately $90,000.

iShares Mortgage Real Estate ETF Price Performance

Shares of BATS:REM opened at $18.90 on Monday. The business has a fifty day moving average price of $21.34 and a 200-day moving average price of $21.74. The company has a market capitalization of $487.62 million, a PE ratio of 14.69 and a beta of 1.33. iShares Mortgage Real Estate ETF has a 1-year low of $18.69 and a 1-year high of $24.05.

About iShares Mortgage Real Estate ETF

The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.