iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Short Interest Update

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETECGet Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,838 shares, a decline of 38.0% from the June 30th total of 4,580 shares. Based on an average daily volume of 1,531 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.8% of the company’s stock are short sold.

iShares Breakthrough Environmental Solutions ETF Trading Up 0.1%

Shares of ETEC stock opened at $26.33 on Friday. The company has a market capitalization of $4.21 million, a price-to-earnings ratio of 18.19 and a beta of 1.12. iShares Breakthrough Environmental Solutions ETF has a 1-year low of $21.01 and a 1-year high of $32.40. The stock’s fifty day simple moving average is $29.09 and its 200-day simple moving average is $28.18.

iShares Breakthrough Environmental Solutions ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.0959 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares Breakthrough Environmental Solutions ETF stock. Sunbelt Securities Inc. purchased a new stake in iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETECFree Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 7,637 shares of the company’s stock, valued at approximately $205,000. Sunbelt Securities Inc. owned about 4.77% of iShares Breakthrough Environmental Solutions ETF at the end of the most recent quarter.

About iShares Breakthrough Environmental Solutions ETF

(Get Free Report)

The iShares Breakthrough Environmental Solutions ETF (ETEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies involved in breakthrough innovations addressing climate transition. The fund selects stocks by utilizing an Adoption Curve that contributes to a companys aggregate score (sum of revenue earned from green technology and product innovation score) ETEC was launched on Mar 28, 2023 and is managed by BlackRock.

Further Reading

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