iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Sees Large Increase in Short Interest

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,100 shares, an increase of 23.5% from the May 31st total of 1,700 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 7.0 days.

iShares MSCI Water Management Multisector ETF Price Performance

Shares of IWTR traded up $0.18 during midday trading on Tuesday, hitting $30.52. 91 shares of the company traded hands, compared to its average volume of 282. iShares MSCI Water Management Multisector ETF has a one year low of $25.00 and a one year high of $32.51. The firm has a market cap of $6.10 million, a P/E ratio of 21.65 and a beta of -0.84. The stock has a 50-day moving average of $31.06 and a 200-day moving average of $29.97.

iShares MSCI Water Management Multisector ETF Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.2585 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

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.