iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) Short Interest Update

iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 2,400 shares, a decline of 7.7% from the October 31st total of 2,600 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 1.3 days.

iShares MSCI Water Management Multisector ETF Price Performance

NASDAQ IWTR opened at $31.92 on Wednesday. The company has a fifty day moving average of $31.75 and a two-hundred day moving average of $31.29. The company has a market capitalization of $6.38 million, a PE ratio of 21.65 and a beta of -0.84. iShares MSCI Water Management Multisector ETF has a 1 year low of $27.85 and a 1 year high of $32.60.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares MSCI Water Management Multisector ETF stock. Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Water Management Multisector ETF (NASDAQ:IWTR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 46,922 shares of the company’s stock, valued at approximately $1,505,000. Flow Traders U.S. LLC owned 23.46% of iShares MSCI Water Management Multisector ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.