Short Interest in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) Rises By 24.1%

iShares Global Timber & Forestry ETF (NASDAQ:WOOD) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 108,700 shares, an increase of 24.1% from the May 31st total of 87,600 shares. Based on an average trading volume of 15,200 shares, the short-interest ratio is currently 7.2 days.

iShares Global Timber & Forestry ETF Stock Performance

iShares Global Timber & Forestry ETF stock opened at $78.37 on Friday. iShares Global Timber & Forestry ETF has a 1 year low of $69.22 and a 1 year high of $85.29. The firm has a 50 day moving average price of $81.29 and a 200 day moving average price of $80.22. The company has a market cap of $197.49 million, a price-to-earnings ratio of 6.98 and a beta of 1.08.

iShares Global Timber & Forestry ETF Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $1.2582 per share. The ex-dividend date was Tuesday, June 11th.

Institutional Trading of iShares Global Timber & Forestry ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. U S Global Investors Inc. purchased a new stake in iShares Global Timber & Forestry ETF during the first quarter valued at about $30,000. Simplex Trading LLC purchased a new stake in shares of iShares Global Timber & Forestry ETF during the 4th quarter worth about $32,000. Quent Capital LLC acquired a new stake in iShares Global Timber & Forestry ETF during the 1st quarter worth approximately $38,000. Millburn Ridgefield Corp purchased a new position in iShares Global Timber & Forestry ETF in the fourth quarter valued at approximately $84,000. Finally, Endowment Wealth Management Inc. acquired a new position in iShares Global Timber & Forestry ETF during the fourth quarter valued at approximately $202,000.

iShares Global Timber & Forestry ETF Company Profile

iShares Global Timber & Forestry ETF, formerly iShares S&P Global Timber & Forestry Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Timber & Forestry Index (the Index). The Index consists of approximately 25 publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands.