Short Interest in iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Drops By 92.9%

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 1,811 shares, a decline of 92.9% from the January 29th total of 25,551 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 3,610 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 3,610 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are sold short.

iShares Environmentally Aware Real Estate ETF Stock Performance

Shares of NASDAQ:ERET traded down $0.02 during midday trading on Friday, reaching $29.62. The company had a trading volume of 1,503 shares, compared to its average volume of 1,956. The company has a fifty day simple moving average of $27.87 and a two-hundred day simple moving average of $27.44. The firm has a market cap of $10.66 million, a price-to-earnings ratio of 26.85 and a beta of 0.87. iShares Environmentally Aware Real Estate ETF has a 1-year low of $23.02 and a 1-year high of $29.75.

iShares Environmentally Aware Real Estate ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.682 dividend. This represents a dividend yield of 515.0%. The ex-dividend date was Tuesday, December 16th.

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.