iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Down 99.9% in March

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 99.9% from the February 28th total of 76,400 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

iShares MSCI Water Management Multisector ETF Trading Down 0.1 %

Shares of IWTR opened at $29.67 on Friday. The company has a 50-day moving average of $30.00 and a two-hundred day moving average of $30.69. The stock has a market cap of $5.93 million, a P/E ratio of 20.63 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.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC purchased a new position in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned about 23.46% of iShares MSCI Water Management Multisector ETF as of its most recent SEC filing.

iShares MSCI Water Management Multisector ETF Company Profile

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.