iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Short Interest Up 130.7% in March

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 3,813 shares, a growth of 130.7% from the February 26th total of 1,653 shares. Based on an average trading volume of 1,226 shares, the short-interest ratio is presently 3.1 days. Approximately 1.1% of the company’s stock are short sold.

iShares Environmentally Aware Real Estate ETF Stock Performance

Shares of iShares Environmentally Aware Real Estate ETF stock traded down $0.39 during midday trading on Friday, reaching $26.53. 2,075 shares of the company’s stock traded hands, compared to its average volume of 1,739. iShares Environmentally Aware Real Estate ETF has a 52 week low of $23.02 and a 52 week high of $29.75. The company’s 50 day simple moving average is $28.31 and its 200 day simple moving average is $27.60. The company has a market cap of $9.55 million, a price-to-earnings ratio of 26.85 and a beta of 0.87.

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.