iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Down 99.9% in March

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decrease of 99.9% from the February 28th total of 76,400 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares MSCI Water Management Multisector ETF

An institutional investor recently bought a new position in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned approximately 23.46% of iShares MSCI Water Management Multisector ETF at the end of the most recent quarter.

iShares MSCI Water Management Multisector ETF Stock Performance

IWTR stock opened at $29.64 on Thursday. The stock has a market cap of $5.93 million, a P/E ratio of 20.63 and a beta of 0.95. The firm has a 50 day simple moving average of $30.00 and a 200 day simple moving average of $30.70. iShares MSCI Water Management Multisector ETF has a 52 week low of $28.70 and a 52 week high of $32.60.

iShares MSCI Water Management Multisector ETF Company Profile

The iShares MSCI Water Management Multisector ETF (IWTR) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks a tier-weighted index of global companies that derive revenue from sustainable water or demonstrate relatively efficient water management. IWTR was launched on Sep 20, 2022 and is managed by BlackRock.