iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA) Sees Large Decline in Short Interest

iShares Environmental Infrastructure and Industrials ETF (NASDAQ:EFRA) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,049 shares, a drop of 46.8% from the August 15th total of 1,972 shares. Based on an average daily trading volume, of 1,014 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the shares of the company are sold short.

iShares Environmental Infrastructure and Industrials ETF Stock Down 0.0%

Shares of NASDAQ:EFRA traded down $0.01 during trading on Wednesday, hitting $34.64. 466 shares of the company traded hands, compared to its average volume of 716. iShares Environmental Infrastructure and Industrials ETF has a one year low of $32.41 and a one year high of $37.46. The stock has a market capitalization of $34.61 million, a price-to-earnings ratio of 21.28 and a beta of 0.75. The business’s fifty day moving average is $35.72 and its 200-day moving average is $35.32.

iShares Environmental Infrastructure and Industrials ETF Company Profile

The iShares Environmental Infrastructure and Industrials ETF (EFRA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of developed market companies that provide infrastructure and industrials solutions to support energy efficiency and emissions mitigation, pollution reduction, or land and resource optimization. Stock selection is based on the amount of revenue earned from these relevant themes, and weighting is based on free float market-cap.