iShares Energy Storage & Materials ETF (NASDAQ:IBAT – Get Free Report) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 45,161 shares, an increase of 2,918.8% from the June 15th total of 1,496 shares. Based on an average daily trading volume, of 46,953 shares, the short-interest ratio is presently 1.0 days. Approximately 2.5% of the shares of the stock are short sold.
iShares Energy Storage & Materials ETF Price Performance
iShares Energy Storage & Materials ETF stock traded up $0.30 during trading on Friday, reaching $41.48. 51,550 shares of the company were exchanged, compared to its average volume of 38,420. The stock’s 50 day simple moving average is $44.43 and its two-hundred day simple moving average is $37.59. The company has a market capitalization of $74.66 million, a P/E ratio of 18.48 and a beta of 1.49. iShares Energy Storage & Materials ETF has a 52-week low of $22.55 and a 52-week high of $48.15.
iShares Energy Storage & Materials ETF Dividend Announcement
The business also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.1833 per share. The ex-dividend date was Monday, June 15th.
Institutional Investors Weigh In On iShares Energy Storage & Materials ETF
iShares Energy Storage & Materials ETF Company Profile
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.
Recommended Stories
- Five stocks we like better than iShares Energy Storage & Materials ETF
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
- Micron’s $250 Billion Bet Could Reshape the AI Memory Race
- Rocket Lab’s Stock Drop Comes With a Bullish Twist
- Amazon’s New Debt Deal Puts Its AI Spending Story on Trial
Receive News & Ratings for iShares Energy Storage & Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Energy Storage & Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.
