Short Interest in iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Expands By 5.3%

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 2,000 shares, a growth of 5.3% from the March 15th total of 1,900 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 10.0 days.

iShares MSCI Water Management Multisector ETF Trading Down 0.6 %

Shares of IWTR stock opened at $29.49 on Wednesday. iShares MSCI Water Management Multisector ETF has a 12-month low of $25.00 and a 12-month high of $32.51. The stock’s 50-day moving average price is $30.00 and its 200-day moving average price is $28.39. The stock has a market capitalization of $5.90 million, a price-to-earnings ratio of 20.96 and a beta of -0.84.

iShares MSCI Water Management Multisector ETF Company Profile

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.