iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Up 5,800.0% in February

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 11,800 shares, a growth of 5,800.0% from the January 31st total of 200 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 10.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent quarter.

iShares MSCI Water Management Multisector ETF Trading Down 1.4 %

IWTR stock opened at $29.96 on Friday. iShares MSCI Water Management Multisector ETF has a 52 week low of $28.70 and a 52 week high of $32.60. The company has a market cap of $5.99 million, a P/E ratio of 21.81 and a beta of -0.84. The company’s 50-day moving average price is $29.86 and its 200 day moving average price is $30.84.

iShares MSCI Water Management Multisector ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.7812 per share. The ex-dividend date 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.