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

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totalling 1,200 shares, a decline of 7.7% from the September 15th total of 1,300 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 2.0 days.

iShares Breakthrough Environmental Solutions ETF Stock Performance

Shares of NASDAQ ETEC traded down $0.25 during trading on Thursday, reaching $20.40. The stock had a trading volume of 256 shares, compared to its average volume of 553. The firm’s 50 day moving average price is $20.81 and its two-hundred day moving average price is $21.08. iShares Breakthrough Environmental Solutions ETF has a one year low of $18.82 and a one year high of $23.78. The stock has a market cap of $3.26 million, a PE ratio of 19.57 and a beta of 1.28.

iShares Breakthrough Environmental Solutions ETF Company Profile

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.