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

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 99.9% from the February 28th total of 76,400 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.0 days.

iShares MSCI Water Management Multisector ETF Price Performance

IWTR stock opened at $29.67 on Friday. iShares MSCI Water Management Multisector ETF has a 1 year low of $28.70 and a 1 year high of $32.60. The firm has a market capitalization of $5.93 million, a PE ratio of 20.63 and a beta of -0.84. The business has a 50 day simple moving average of $30.00 and a 200-day simple moving average of $30.69.

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 acquired a new position in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 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 at the end of the most recent quarter.

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.