iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Sees Significant Growth in Short Interest

Posted by Joseph Casey on Apr 18th, 2024

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR – Get Free Report) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 2,000 shares, a growth of 5.3% from the March 15th total of 1,900 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 10.0 days.

iShares MSCI Water Management Multisector ETF Stock Performance

IWTR stock opened at $29.42 on Thursday. The firm has a market cap of $5.88 million, a P/E ratio of 20.96 and a beta of -0.84. iShares MSCI Water Management Multisector ETF has a 1 year low of $25.00 and a 1 year high of $32.51. The stock has a 50-day simple moving average of $30.01 and a 200-day simple moving average of $28.39.

About iShares MSCI Water Management Multisector ETF

(Get Free Report)

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.