Short Interest in iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Declines By 64.3%

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 500 shares, a decrease of 64.3% from the March 31st total of 1,400 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 200 shares, the short-interest ratio is presently 2.5 days.

iShares Breakthrough Environmental Solutions ETF Trading Up 0.1 %

Shares of ETEC traded up $0.02 during midday trading on Monday, reaching $18.07. 5 shares of the company were exchanged, compared to its average volume of 489. iShares Breakthrough Environmental Solutions ETF has a 1-year low of $15.72 and a 1-year high of $22.86. The company has a market cap of $2.89 million, a price-to-earnings ratio of 15.48 and a beta of 1.14. The stock has a 50-day moving average price of $18.67 and a 200-day moving average price of $19.40.

About iShares Breakthrough Environmental Solutions ETF

The iShares Breakthrough Environmental Solutions ETF (ETEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies involved in breakthrough innovations addressing climate transition. The fund selects stocks by utilizing an Adoption Curve that contributes to a companys aggregate score (sum of revenue earned from green technology and product innovation score) ETEC was launched on Mar 28, 2023 and is managed by BlackRock.