iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Short Interest Down 33.3% in February

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 200 shares, a decrease of 33.3% from the February 13th total of 300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are short sold.

iShares Breakthrough Environmental Solutions ETF Stock Performance

NASDAQ ETEC traded up $0.35 during trading hours on Friday, reaching $19.94. 133 shares of the company’s stock were exchanged, compared to its average volume of 488. The company’s 50-day moving average is $19.42 and its two-hundred day moving average is $20.10. iShares Breakthrough Environmental Solutions ETF has a one year low of $18.62 and a one year high of $22.86. The company has a market capitalization of $3.19 million, a price-to-earnings ratio of 17.65 and a beta of 1.31.

iShares Breakthrough Environmental Solutions ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.1434 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Breakthrough Environmental Solutions ETF Company Profile

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.