Short Interest in iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Grows By 288.6%

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 7,932 shares, a growth of 288.6% from the April 15th total of 2,041 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily volume of 6,043 shares, the short-interest ratio is presently 1.3 days.

iShares Environmentally Aware Real Estate ETF Price Performance

ERET stock traded down $0.23 during mid-day trading on Wednesday, reaching $28.97. The company had a trading volume of 1,852 shares, compared to its average volume of 2,202. The company has a market capitalization of $10.43 million, a PE ratio of 26.85 and a beta of 0.85. The firm has a 50 day moving average of $28.32 and a 200 day moving average of $27.84. iShares Environmentally Aware Real Estate ETF has a 12 month low of $25.78 and a 12 month high of $29.75.

iShares Environmentally Aware Real Estate ETF Company Profile

The iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate companies from developed markets weighted based on a target exposure to green certification, energy efficiency, and level of carbon emission intensity. ERET was launched on Nov 15, 2022 and is managed by BlackRock.