iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA) Sees Large Increase in Short Interest

iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 905 shares, an increase of 85.8% from the May 14th total of 487 shares. Based on an average daily trading volume, of 236 shares, the days-to-cover ratio is currently 3.8 days. Currently, 0.6% of the shares of the company are short sold.

iShares Environmental Infrastructure and Industrials ETF Price Performance

Shares of NASDAQ EFRA remained flat at $34.79 during trading on Monday. 819 shares of the stock were exchanged, compared to its average volume of 623. The firm’s 50-day moving average price is $35.11 and its 200 day moving average price is $34.95. The stock has a market capitalization of $5.57 million, a PE ratio of 21.28 and a beta of 0.77. iShares Environmental Infrastructure and Industrials ETF has a 12-month low of $32.37 and a 12-month high of $37.46.

About iShares Environmental Infrastructure and Industrials ETF

The iShares Environmental Infrastructure and Industrials ETF (EFRA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of developed market companies that provide infrastructure and industrials solutions to support energy efficiency and emissions mitigation, pollution reduction, or land and resource optimization. Stock selection is based on the amount of revenue earned from these relevant themes, and weighting is based on free float market-cap.