iShares Energy Storage & Materials ETF (NASDAQ:IBAT) Sees Large Growth in Short Interest

iShares Energy Storage & Materials ETF (NASDAQ:IBAT) was the recipient of a large increase in short interest in the month of 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 trading volume of 700 shares, the days-to-cover ratio is presently 5.1 days.

iShares Energy Storage & Materials ETF Stock Performance

Shares of NASDAQ:IBAT traded up $0.21 during trading on Friday, reaching $22.25. 1,307 shares of the company traded hands, compared to its average volume of 1,137. iShares Energy Storage & Materials ETF has a 52 week low of $21.55 and a 52 week high of $26.08. The company’s 50 day moving average is $22.84 and its two-hundred day moving average is $23.71.

iShares Energy Storage & Materials ETF Dividend Announcement

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