Short Interest in iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Drops By 91.9%

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 642 shares, a decline of 91.9% from the April 30th total of 7,932 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 2,550 shares, the days-to-cover ratio is currently 0.3 days.

iShares Environmentally Aware Real Estate ETF Stock Performance

Shares of iShares Environmentally Aware Real Estate ETF stock traded down $0.05 during midday trading on Wednesday, hitting $29.06. 1,916 shares of the company traded hands, compared to its average volume of 2,292. The stock has a market cap of $10.46 million, a price-to-earnings ratio of 26.85 and a beta of 0.85. The firm’s fifty day moving average price is $28.37 and its 200-day moving average price is $27.94. iShares Environmentally Aware Real Estate ETF has a 12 month low of $26.07 and a 12 month high of $29.75.

iShares Environmentally Aware Real Estate ETF Company Profile

The iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate companies from developed markets weighted based on a target exposure to green certification, energy efficiency, and level of carbon emission intensity. ERET was launched on Nov 15, 2022 and is managed by BlackRock.