Short Interest in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Expands By 547.5%

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTRGet Free Report) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 76,400 shares, a growth of 547.5% from the February 13th total of 11,800 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 31.8 days. Approximately 38.2% of the shares of the company are sold short.

iShares MSCI Water Management Multisector ETF Stock Performance

NASDAQ IWTR traded up $0.11 during trading on Thursday, hitting $29.40. The stock had a trading volume of 372 shares, compared to its average volume of 1,225. The stock has a market capitalization of $5.88 million, a price-to-earnings ratio of 20.77 and a beta of -0.84. The stock has a 50 day simple moving average of $29.88 and a 200 day simple moving average of $30.78. iShares MSCI Water Management Multisector ETF has a one year low of $28.70 and a one year high of $32.60.

iShares MSCI Water Management Multisector ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.7812 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC purchased a new position in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTRFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares MSCI Water Management Multisector ETF Company Profile

(Get Free Report)

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.

Further Reading

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