Short Interest in iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Decreases By 7.7%

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

iShares Breakthrough Environmental Solutions ETF Price Performance

NASDAQ:ETEC traded down $0.25 during mid-day trading on Thursday, hitting $20.40. The company’s stock had a trading volume of 256 shares, compared to its average volume of 553. The stock has a market cap of $3.26 million, a price-to-earnings ratio of 19.57 and a beta of 1.28. iShares Breakthrough Environmental Solutions ETF has a 1 year low of $18.82 and a 1 year high of $23.78. The business’s fifty day moving average is $20.81 and its two-hundred day moving average is $21.08.

About iShares Breakthrough Environmental Solutions ETF

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.