iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Update

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 76,400 shares, a growth of 547.5% from the February 13th total of 11,800 shares. Currently, 38.2% of the shares of the stock are sold short. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 31.8 days.

iShares MSCI Water Management Multisector ETF Stock Performance

IWTR traded up $0.11 during mid-day trading on Thursday, reaching $29.40. The stock had a trading volume of 372 shares, compared to its average volume of 1,225. The firm’s fifty day simple moving average is $29.88 and its two-hundred day simple moving average is $30.78. The stock has a market capitalization of $5.88 million, a P/E ratio of 20.77 and a beta of -0.84. iShares MSCI Water Management Multisector ETF has a 52 week low of $28.70 and a 52 week high of $32.60.

iShares MSCI Water Management Multisector ETF Announces Dividend

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

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 bought 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 disclosure with the Securities and Exchange Commission. The fund bought 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned 23.46% of iShares MSCI Water Management Multisector ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares MSCI Water Management Multisector ETF

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.