iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Up 547.5% in February

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 76,400 shares, a growth of 547.5% from the February 13th total of 11,800 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is presently 31.8 days. Currently, 38.2% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent reporting period.

iShares MSCI Water Management Multisector ETF Price Performance

IWTR stock traded up $0.29 on Friday, reaching $29.52. 147 shares of the company were exchanged, compared to its average volume of 1,225. The firm has a market capitalization of $5.90 million, a PE ratio of 20.77 and a beta of -0.84. iShares MSCI Water Management Multisector ETF has a 12 month low of $28.70 and a 12 month high of $32.60. The stock’s fifty day moving average price is $29.88 and its 200 day moving average price is $30.77.

iShares MSCI Water Management Multisector ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.7812 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.