iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Sees Significant Growth in Short Interest

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 7,932 shares, an increase of 288.6% from the April 15th total of 2,041 shares. Based on an average trading volume of 6,043 shares, the days-to-cover ratio is currently 1.3 days. Currently, 2.2% of the company’s stock are short sold.

iShares Environmentally Aware Real Estate ETF Trading Down 1.7%

NASDAQ:ERET traded down $0.48 on Friday, hitting $28.45. 1,601 shares of the company’s stock traded hands, compared to its average volume of 2,197. iShares Environmentally Aware Real Estate ETF has a 1 year low of $25.88 and a 1 year high of $29.75. The firm has a 50-day moving average price of $28.32 and a 200-day moving average price of $27.85. The company has a market cap of $10.24 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.