iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC – Get 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
About iShares Breakthrough Environmental Solutions ETF
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.
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