iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Up 200.0% in March

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 300 shares, an increase of 200.0% from the March 15th total of 100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Water Management Multisector ETF Stock Performance

NASDAQ:IWTR traded up $0.30 during mid-day trading on Tuesday, hitting $28.23. 331 shares of the company’s stock traded hands, compared to its average volume of 1,550. iShares MSCI Water Management Multisector ETF has a 1 year low of $25.82 and a 1 year high of $32.60. The company has a market cap of $5.65 million, a PE ratio of 19.99 and a beta of 0.91. The firm’s 50 day simple moving average is $29.40 and its 200 day simple moving average is $30.35.

iShares MSCI Water Management Multisector ETF Company Profile

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.