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

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 25,551 shares, an increase of 111.7% from the January 15th total of 12,071 shares. Approximately 7.1% of the shares of the stock are short sold. Based on an average trading volume of 2,864 shares, the short-interest ratio is currently 8.9 days. Based on an average trading volume of 2,864 shares, the short-interest ratio is currently 8.9 days. Approximately 7.1% of the shares of the stock are short sold.

iShares Environmentally Aware Real Estate ETF Stock Up 0.9%

Shares of ERET stock opened at $29.28 on Friday. The business has a 50-day moving average price of $27.37 and a two-hundred day moving average price of $27.24. iShares Environmentally Aware Real Estate ETF has a 12-month low of $23.02 and a 12-month high of $29.22. The firm has a market cap of $10.54 million, a P/E ratio of 26.85 and a beta of 0.87.

iShares Environmentally Aware Real Estate ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $0.682 per share. This represents a yield of 515.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

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.