Short Interest in iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA) Declines By 46.8%

iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 1,049 shares, a drop of 46.8% from the August 15th total of 1,972 shares. Based on an average daily trading volume, of 1,014 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the company’s stock are sold short.

iShares Environmental Infrastructure and Industrials ETF Stock Performance

EFRA stock traded up $0.18 on Thursday, hitting $34.93. 116 shares of the company’s stock were exchanged, compared to its average volume of 712. The firm has a 50 day moving average price of $35.72 and a two-hundred day moving average price of $35.32. The stock has a market cap of $34.90 million, a P/E ratio of 21.28 and a beta of 0.75. iShares Environmental Infrastructure and Industrials ETF has a 12-month low of $32.41 and a 12-month high of $37.46.

About iShares Environmental Infrastructure and Industrials ETF

The iShares Environmental Infrastructure and Industrials ETF (EFRA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of developed market companies that provide infrastructure and industrials solutions to support energy efficiency and emissions mitigation, pollution reduction, or land and resource optimization. Stock selection is based on the amount of revenue earned from these relevant themes, and weighting is based on free float market-cap.