iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Short Interest Up 550.0% in September

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 1,300 shares, an increase of 550.0% from the August 31st total of 200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 2.2 days.

iShares Breakthrough Environmental Solutions ETF Trading Up 1.3 %

iShares Breakthrough Environmental Solutions ETF stock traded up $0.29 during mid-day trading on Friday, hitting $22.67. The company had a trading volume of 220 shares, compared to its average volume of 549. iShares Breakthrough Environmental Solutions ETF has a 12 month low of $18.82 and a 12 month high of $23.78. The stock’s 50 day moving average price is $20.28 and its two-hundred day moving average price is $21.05. The company has a market capitalization of $3.63 million, a PE ratio of 19.57 and a beta of 1.28.

iShares Breakthrough Environmental Solutions ETF Company Profile

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.