iShares Select U.S. REIT ETF (BATS:ICF) Sees Significant Growth in Short Interest

iShares Select U.S. REIT ETF (BATS:ICF) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 51,132 shares, an increase of 96.3% from the July 15th total of 26,045 shares. Based on an average daily trading volume, of 135,489 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

iShares Select U.S. REIT ETF Stock Performance

Shares of ICF stock opened at $69.06 on Friday. The stock has a 50 day moving average price of $68.66 and a 200 day moving average price of $66.31. iShares Select U.S. REIT ETF has a 52-week low of $58.91 and a 52-week high of $71.01. The firm has a market capitalization of $2.18 billion, a P/E ratio of 35.35 and a beta of 0.97.

Institutional Trading of iShares Select U.S. REIT ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC grew its stake in iShares Select U.S. REIT ETF by 1,685.6% in the 4th 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 in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of iShares Select U.S. REIT ETF by 149.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 22,409 shares of the company’s stock valued at $1,337,000 after acquiring an additional 13,421 shares in the last quarter. Innova Wealth Partners raised its stake in shares of iShares Select U.S. REIT ETF by 1,084.8% during the first quarter. Innova Wealth Partners now owns 73,824 shares of the company’s stock valued at $4,569,000 after acquiring an additional 67,593 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of iShares Select U.S. REIT ETF by 17.1% in the first quarter. Fifth Third Bancorp now owns 230,613 shares of the company’s stock valued at $14,273,000 after purchasing an additional 33,606 shares during the period. Finally, Huntington National Bank boosted its holdings in shares of iShares Select U.S. REIT ETF by 11.0% in the fourth quarter. Huntington National Bank now owns 277,304 shares of the company’s stock valued at $16,547,000 after purchasing an additional 27,488 shares during the period.

iShares Select U.S. REIT ETF Company Profile

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.