Short Interest in iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Expands By 28.6%

iShares Energy Storage & Materials ETF (NASDAQ:IBAT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 3,600 shares, an increase of 28.6% from the December 15th total of 2,800 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 5.1 days.

iShares Energy Storage & Materials ETF Stock Performance

NASDAQ:IBAT traded up $0.21 during trading hours on Friday, reaching $22.25. The company had a trading volume of 1,307 shares, compared to its average volume of 1,137. The stock has a 50-day moving average of $22.84 and a two-hundred day moving average of $23.71. iShares Energy Storage & Materials ETF has a one year low of $21.55 and a one year high of $26.08.

iShares Energy Storage & Materials ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.