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

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 11,800 shares, a growth of 5,800.0% from the January 31st total of 200 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 10.7 days.

Institutional Trading of iShares MSCI Water Management Multisector ETF

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC bought a new stake in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent reporting period.

iShares MSCI Water Management Multisector ETF Trading Up 0.3 %

Shares of NASDAQ:IWTR opened at $30.06 on Friday. The business has a 50-day moving average price of $29.87 and a 200 day moving average price of $30.85. The company has a market capitalization of $6.01 million, a price-to-earnings ratio of 21.81 and a beta of -0.84. iShares MSCI Water Management Multisector ETF has a 12-month low of $28.70 and a 12-month high of $32.60.

iShares MSCI Water Management Multisector ETF Announces Dividend

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

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.