iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) Short Interest Update

iShares Breakthrough Environmental Solutions ETF (NASDAQ:ETEC) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 1,200 shares, a decrease of 7.7% from the September 15th total of 1,300 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 2.0 days.

iShares Breakthrough Environmental Solutions ETF Stock Performance

ETEC stock traded down $0.25 on Thursday, hitting $20.40. 256 shares of the company’s stock were exchanged, compared to its average volume of 553. The firm has a 50 day moving average price of $20.81 and a two-hundred day moving average price of $21.08. iShares Breakthrough Environmental Solutions ETF has a 12-month low of $18.82 and a 12-month high of $23.78. The stock has a market cap of $3.26 million, a P/E ratio of 19.57 and a beta of 1.28.

About iShares Breakthrough Environmental Solutions ETF

The iShares Breakthrough Environmental Solutions ETF (ETEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies involved in breakthrough innovations addressing climate transition. The fund selects stocks by utilizing an Adoption Curve that contributes to a companys aggregate score (sum of revenue earned from green technology and product innovation score) ETEC was launched on Mar 28, 2023 and is managed by BlackRock.