iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Short Interest Update

iShares Energy Storage & Materials ETF (NASDAQ:IBAT) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,400 shares, a growth of 84.6% from the February 13th total of 1,300 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 2.4 days.

iShares Energy Storage & Materials ETF Stock Up 1.4 %

Shares of NASDAQ:IBAT traded up $0.30 during trading on Friday, hitting $22.24. The stock had a trading volume of 144 shares, compared to its average volume of 1,078. iShares Energy Storage & Materials ETF has a 12 month low of $21.34 and a 12 month high of $26.08. The company has a market capitalization of $6.23 million, a PE ratio of 21.51 and a beta of 1.08. The firm’s fifty day moving average is $22.27 and its 200 day moving average is $23.32.

iShares Energy Storage & Materials ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.12 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of iShares Energy Storage & Materials ETF

A hedge fund recently bought a new stake in iShares Energy Storage & Materials ETF stock. Sunbelt Securities Inc. purchased a new position in iShares Energy Storage & Materials ETF (NASDAQ:IBAT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,125 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned about 2.90% of iShares Energy Storage & Materials ETF as of its most recent SEC filing.

About iShares Energy Storage & Materials ETF

The iShares Energy Storage & Materials ETF (IBAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy.