iShares Global Timber & Forestry ETF (NASDAQ:WOOD – Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 26,100 shares, a growth of 40.3% from the June 30th total of 18,600 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is presently 2.5 days.
Institutional Investors Weigh In On iShares Global Timber & Forestry ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. U S Global Investors Inc. acquired a new stake in iShares Global Timber & Forestry ETF during the first quarter worth approximately $30,000. Simplex Trading LLC acquired a new stake in iShares Global Timber & Forestry ETF during the fourth quarter worth approximately $32,000. Quent Capital LLC acquired a new stake in iShares Global Timber & Forestry ETF during the first quarter worth approximately $38,000. Millburn Ridgefield Corp acquired a new stake in iShares Global Timber & Forestry ETF during the fourth quarter worth approximately $84,000. Finally, Matrix Trust Co acquired a new stake in iShares Global Timber & Forestry ETF during the second quarter worth approximately $101,000.
iShares Global Timber & Forestry ETF Stock Up 0.3 %
iShares Global Timber & Forestry ETF stock traded up $0.28 during trading hours on Friday, hitting $80.51. The stock had a trading volume of 3,304 shares, compared to its average volume of 11,331. The stock has a market cap of $188.39 million, a price-to-earnings ratio of 6.98 and a beta of 1.08. iShares Global Timber & Forestry ETF has a one year low of $69.22 and a one year high of $85.29. The business’s 50 day simple moving average is $80.38 and its 200-day simple moving average is $80.06.
iShares Global Timber & Forestry ETF Announces Dividend
About iShares Global Timber & Forestry ETF
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.
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