Short Interest in iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Drops By 91.9%

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 642 shares, a decline of 91.9% from the April 30th total of 7,932 shares. Based on an average trading volume of 2,550 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

iShares Environmentally Aware Real Estate ETF Price Performance

Shares of iShares Environmentally Aware Real Estate ETF stock traded down $0.05 during trading on Wednesday, reaching $29.06. 1,916 shares of the company traded hands, compared to its average volume of 2,292. iShares Environmentally Aware Real Estate ETF has a 1-year low of $26.07 and a 1-year high of $29.75. The company has a 50 day moving average price of $28.37 and a 200-day moving average price of $27.94. The firm has a market capitalization of $10.46 million, a PE ratio of 26.85 and a beta of 0.85.

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.