iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Sees Significant Growth in Short Interest

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 1,600 shares, a growth of 60.0% from the September 15th total of 1,000 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 0.7 days.

iShares MSCI Water Management Multisector ETF Stock Up 0.6 %

Shares of iShares MSCI Water Management Multisector ETF stock traded up $0.21 during trading on Monday, hitting $32.49. 203 shares of the company were exchanged, compared to its average volume of 929. iShares MSCI Water Management Multisector ETF has a fifty-two week low of $25.00 and a fifty-two week high of $32.60. The firm has a 50 day moving average price of $31.14 and a 200 day moving average price of $31.02. The stock has a market capitalization of $8.12 million, a price-to-earnings ratio of 21.65 and a beta of -0.84.

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.