iShares Global Timber & Forestry ETF (NASDAQ:WOOD) Short Interest Update

iShares Global Timber & Forestry ETF (NASDAQ:WOOD) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 7,600 shares, a decrease of 36.7% from the May 15th total of 12,000 shares. Based on an average trading volume of 11,300 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the company’s shares are short sold.

iShares Global Timber & Forestry ETF Price Performance

Shares of WOOD stock opened at $73.23 on Monday. The stock has a market cap of $202.10 million, a PE ratio of 14.66 and a beta of 1.08. The stock has a 50-day moving average of $73.06 and a 200-day moving average of $76.18. iShares Global Timber & Forestry ETF has a one year low of $66.25 and a one year high of $86.79.

Institutional Trading of iShares Global Timber & Forestry ETF

A number of institutional investors and hedge funds have recently modified their holdings of WOOD. Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the 1st quarter valued at about $14,366,000. Essential Planning LLC. bought a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter valued at about $2,411,000. Jane Street Group LLC increased its stake in shares of iShares Global Timber & Forestry ETF by 212.6% in the 4th quarter. Jane Street Group LLC now owns 35,759 shares of the company’s stock valued at $2,730,000 after acquiring an additional 24,321 shares during the last quarter. Comprehensive Money Management Services LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter valued at about $1,659,000. Finally, Cullen Capital Management LLC bought a new stake in shares of iShares Global Timber & Forestry ETF in the 4th quarter valued at about $908,000.

iShares Global Timber & Forestry ETF Company Profile

iShares Global Timber & Forestry ETF, formerly iShares S&P Global Timber & Forestry Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Timber & Forestry Index (the Index). The Index consists of approximately 25 publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands.