iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Short Interest Update

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 5,822 shares, an increase of 806.9% from the May 14th total of 642 shares. Based on an average trading volume of 3,231 shares, the short-interest ratio is presently 1.8 days. Currently, 1.6% of the company’s shares are short sold.

iShares Environmentally Aware Real Estate ETF Trading Up 1.8%

Shares of ERET opened at $28.81 on Wednesday. The firm has a market cap of $10.37 million, a P/E ratio of 26.85 and a beta of 0.82. iShares Environmentally Aware Real Estate ETF has a 12-month low of $26.07 and a 12-month high of $29.75. The company’s 50-day moving average price is $28.61 and its 200 day moving average price is $28.03.

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.