Short Interest in iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Drops By 91.9%

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 642 shares, a decline of 91.9% from the April 30th total of 7,932 shares. Based on an average daily volume of 2,550 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

iShares Environmentally Aware Real Estate ETF Stock Down 0.6%

NASDAQ:ERET traded down $0.18 during trading hours on Thursday, hitting $28.88. 1,301 shares of the stock traded hands, compared to its average volume of 2,282. iShares Environmentally Aware Real Estate ETF has a 1 year low of $26.07 and a 1 year high of $29.75. The company has a market cap of $10.40 million, a price-to-earnings ratio of 26.85 and a beta of 0.85. The stock has a 50 day moving average price of $28.39 and a 200 day moving average price of $27.95.

iShares Environmentally Aware Real Estate ETF Company Profile

The iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate companies from developed markets weighted based on a target exposure to green certification, energy efficiency, and level of carbon emission intensity. ERET was launched on Nov 15, 2022 and is managed by BlackRock.