iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Short Interest Update

iShares Energy Storage & Materials ETF (NASDAQ:IBATGet Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,957 shares, a drop of 94.9% from the July 15th total of 38,687 shares. Based on an average daily trading volume, of 39,655 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

iShares Energy Storage & Materials ETF Stock Up 0.3%

Shares of IBAT traded up $0.13 during mid-day trading on Tuesday, hitting $40.69. The stock had a trading volume of 9,133 shares, compared to its average volume of 37,932. iShares Energy Storage & Materials ETF has a fifty-two week low of $24.44 and a fifty-two week high of $48.15. The company has a market cap of $73.24 million, a PE ratio of 18.48 and a beta of 1.56. The company’s fifty day simple moving average is $41.91 and its two-hundred day simple moving average is $39.07.

iShares Energy Storage & Materials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.1833 per share. The ex-dividend date was Monday, June 15th.

Institutional Trading of iShares Energy Storage & Materials ETF

Several institutional investors have recently added to or reduced their stakes in IBAT. Flow Traders U.S. LLC bought a new stake in iShares Energy Storage & Materials ETF during the second quarter valued at $252,000. Citadel Advisors LLC bought a new position in shares of iShares Energy Storage & Materials ETF in the 3rd quarter worth about $644,000. Midwest Financial Partners Investments Inc. acquired a new position in shares of iShares Energy Storage & Materials ETF in the 4th quarter valued at about $1,519,000. 4WEALTH Advisors Inc. acquired a new position in shares of iShares Energy Storage & Materials ETF in the 1st quarter valued at about $218,000. Finally, Glassman Wealth Services bought a new stake in shares of iShares Energy Storage & Materials ETF during the 1st quarter valued at about $154,000.

About iShares Energy Storage & Materials ETF

(Get Free Report)

The iShares Energy Storage & Materials ETF (IBAT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a price-weighted index of companies involved in energy storage solutions around the globe. The fund seeks to provide long-term growth opportunities from companies involved in the transition to a low-carbon economy. IBAT was launched on Mar 19, 2024 and is issued by BlackRock.

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