Short Interest in iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Decreases By 45.8%

iShares Energy Storage & Materials ETF (NASDAQ:IBAT) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 1,300 shares, a drop of 45.8% from the January 31st total of 2,400 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On iShares Energy Storage & Materials ETF

An institutional investor recently bought a new position in iShares Energy Storage & Materials ETF stock. Sunbelt Securities Inc. bought a new position in iShares Energy Storage & Materials ETF (NASDAQ:IBAT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,125 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned 2.90% of iShares Energy Storage & Materials ETF at the end of the most recent reporting period.

iShares Energy Storage & Materials ETF Trading Down 1.1 %

NASDAQ:IBAT opened at $22.03 on Friday. The firm has a market capitalization of $6.17 million, a PE ratio of 21.35 and a beta of 1.08. The stock has a 50 day moving average of $22.27 and a 200-day moving average of $23.43. iShares Energy Storage & Materials ETF has a 52 week low of $21.37 and a 52 week high of $26.08.

iShares Energy Storage & Materials ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Energy Storage & Materials ETF Company Profile

The iShares Energy Storage & Materials ETF (IBAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy.