Short Interest in iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Rises By 33.3%

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 1,600 shares, an increase of 33.3% from the October 15th total of 1,200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 2.7 days.

iShares Breakthrough Environmental Solutions ETF Stock Performance

Shares of iShares Breakthrough Environmental Solutions ETF stock traded down $0.28 during trading hours on Thursday, reaching $19.72. The company’s stock had a trading volume of 102 shares, compared to its average volume of 562. iShares Breakthrough Environmental Solutions ETF has a one year low of $18.82 and a one year high of $23.78. The company has a market capitalization of $3.15 million, a P/E ratio of 19.57 and a beta of 1.28. The stock’s fifty day simple moving average is $21.09 and its two-hundred day simple moving average is $21.05.

About iShares Breakthrough Environmental Solutions ETF

The iShares Breakthrough Environmental Solutions ETF (ETEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies involved in breakthrough innovations addressing climate transition. The fund selects stocks by utilizing an Adoption Curve that contributes to a companys aggregate score (sum of revenue earned from green technology and product innovation score) ETEC was launched on Mar 28, 2023 and is managed by BlackRock.