iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Stock Short Interest Report for October

iShares Energy Storage & Materials ETF (NASDAQ:IBAT) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 13,308 shares, an increase of 523.6% from the September 30th total of 2,134 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 12,373 shares, the short-interest ratio is presently 1.1 days.

iShares Energy Storage & Materials ETF Stock Up 2.4%

Shares of NASDAQ:IBAT traded up $0.89 during trading on Tuesday, reaching $37.02. The stock had a trading volume of 9,531 shares, compared to its average volume of 32,245. iShares Energy Storage & Materials ETF has a fifty-two week low of $27.85 and a fifty-two week high of $48.15. The stock has a market cap of $57.76 million, a P/E ratio of 18.48 and a beta of 1.57. The business has a fifty day moving average price of $40.17 and a 200-day moving average price of $38.94.

Institutional Trading of iShares Energy Storage & Materials ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBAT. 4WEALTH Advisors Inc. grew its holdings in shares of iShares Energy Storage & Materials ETF by 8.0% during the 3rd quarter. 4WEALTH Advisors Inc. now owns 5,892 shares of the company’s stock worth $238,000 after purchasing an additional 434 shares during the period. Sax Wealth Advisors LLC bought a new stake in shares of iShares Energy Storage & Materials ETF in the third quarter worth $375,000. Citadel Advisors LLC raised its stake in shares of iShares Energy Storage & Materials ETF by 5.9% in the 2nd quarter. Citadel Advisors LLC now owns 18,112 shares of the company’s stock valued at $816,000 after purchasing an additional 1,005 shares in the last quarter. TD Waterhouse Canada Inc. bought a new position in iShares Energy Storage & Materials ETF during the 2nd quarter worth approximately $4,221,000. Finally, CoreCap Advisors LLC raised its holdings in shares of iShares Energy Storage & Materials ETF by 204.9% during the second quarter. CoreCap Advisors LLC now owns 1,238 shares of the company’s stock worth $56,000 after purchasing an additional 832 shares during the period.

iShares Energy Storage & Materials ETF Company Profile

The iShares Energy Storage & Materials ETF (IBAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy. IBAT was launched on Mar 19, 2024 and is issued by BlackRock.