iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Short Interest Update

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 5,822 shares, an increase of 806.9% from the May 14th total of 642 shares. Based on an average daily volume of 3,231 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.6% of the shares of the stock are sold short.

iShares Environmentally Aware Real Estate ETF Stock Up 1.8%

Shares of ERET opened at $28.81 on Wednesday. iShares Environmentally Aware Real Estate ETF has a 52-week low of $26.07 and a 52-week high of $29.75. The firm’s fifty day moving average is $28.61 and its two-hundred day moving average is $28.03. The stock has a market cap of $10.37 million, a PE ratio of 26.85 and a beta of 0.82.

About iShares Environmentally Aware Real Estate ETF

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.