iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Sees Significant Decrease in Short Interest

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 642 shares, a drop of 91.9% from the April 30th total of 7,932 shares. Based on an average daily trading volume, of 2,550 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

iShares Environmentally Aware Real Estate ETF Stock Down 0.5%

NASDAQ ERET traded down $0.14 during trading hours on Friday, hitting $28.84. The company had a trading volume of 2,523 shares, compared to its average volume of 2,288. iShares Environmentally Aware Real Estate ETF has a fifty-two week low of $26.07 and a fifty-two week high of $29.75. The business has a fifty day simple moving average of $28.42 and a 200-day simple moving average of $27.97. The firm has a market cap of $10.38 million, a P/E ratio of 26.85 and a beta of 0.85.

iShares Environmentally Aware Real Estate ETF Company Profile

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.