iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Short Interest Up 12.5% in December

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,800 shares, an increase of 12.5% from the November 30th total of 1,600 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 3.6 days.

iShares Breakthrough Environmental Solutions ETF Price Performance

Shares of ETEC traded down $0.20 during midday trading on Wednesday, hitting $18.94. The stock had a trading volume of 1,229 shares, compared to its average volume of 533. The firm has a market cap of $3.03 million, a price-to-earnings ratio of 19.57 and a beta of 1.28. The company has a 50 day simple moving average of $19.99 and a two-hundred day simple moving average of $20.48. iShares Breakthrough Environmental Solutions ETF has a twelve month low of $18.82 and a twelve month high of $23.07.

iShares Breakthrough Environmental Solutions ETF Announces Dividend

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