iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Sees Large Decline in Short Interest

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 3,023 shares, a decrease of 59.5% from the July 30th total of 7,459 shares. Based on an average daily trading volume, of 1,904 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.6% of the company’s shares are short sold.

iShares Environmentally Aware Real Estate ETF Stock Down 0.7%

ERET stock opened at $29.15 on Friday. The company has a market cap of $13.99 million, a P/E ratio of 26.85 and a beta of 0.80. iShares Environmentally Aware Real Estate ETF has a twelve month low of $26.50 and a twelve month high of $30.92. The business has a fifty day moving average of $29.33 and a 200-day moving average of $28.86.

iShares Environmentally Aware Real Estate ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2806 per share. The ex-dividend date was Monday, June 15th.

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.