iShares US Real Estate ETF (IYR) Short Interest Down 20.9% in March

iShares US Real Estate ETF (NYSEARCA:IYR) was the recipient of a large decline in short interest during the month of March. As of March 29th, there was short interest totalling 25,632,339 shares, a decline of 20.9% from the March 15th total of 32,411,114 shares. Based on an average trading volume of 9,355,802 shares, the days-to-cover ratio is currently 2.7 days.

Shares of IYR opened at $74.81 on Tuesday. iShares US Real Estate ETF has a fifty-two week low of $71.26 and a fifty-two week high of $83.27.

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Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of iShares US Real Estate ETF by 4.4% in the 4th quarter. BlackRock Inc. now owns 2,524,754 shares of the real estate investment trust’s stock worth $204,531,000 after acquiring an additional 107,431 shares during the last quarter. Two Sigma Investments LP bought a new stake in iShares US Real Estate ETF during the 4th quarter valued at $138,232,000. Two Sigma Advisers LP bought a new stake in iShares US Real Estate ETF during the 4th quarter valued at $76,004,000. BlueCrest Capital Management Ltd raised its holdings in iShares US Real Estate ETF by 45.5% during the 4th quarter. BlueCrest Capital Management Ltd now owns 473,854 shares of the real estate investment trust’s stock valued at $38,387,000 after buying an additional 148,150 shares during the last quarter. Finally, Paloma Partners Management Co raised its holdings in iShares US Real Estate ETF by 944.7% during the 4th quarter. Paloma Partners Management Co now owns 404,716 shares of the real estate investment trust’s stock valued at $32,786,000 after buying an additional 365,975 shares during the last quarter.

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About iShares US Real Estate ETF

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).

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