Short Interest in iShares Global Timber & Forestry ETF (NASDAQ:WOOD) Declines By 28.4%

iShares Global Timber & Forestry ETF (NASDAQ:WOOD) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 13,100 shares, a decrease of 28.4% from the January 31st total of 18,300 shares. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of iShares Global Timber & Forestry ETF

Several institutional investors and hedge funds have recently bought and sold shares of WOOD. Comprehensive Financial Planning Inc. PA purchased a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth $25,000. Transce3nd LLC purchased a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth $26,000. LRI Investments LLC purchased a new position in iShares Global Timber & Forestry ETF during the 3rd quarter worth $31,000. SBI Securities Co. Ltd. purchased a new position in iShares Global Timber & Forestry ETF during the 4th quarter worth $44,000. Finally, Creative Financial Designs Inc. ADV raised its position in iShares Global Timber & Forestry ETF by 16.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 896 shares of the company’s stock worth $77,000 after buying an additional 128 shares during the last quarter.

iShares Global Timber & Forestry ETF Price Performance

WOOD stock opened at $77.88 on Tuesday. The company has a fifty day moving average price of $78.25 and a 200 day moving average price of $80.28. iShares Global Timber & Forestry ETF has a 12 month low of $74.66 and a 12 month high of $86.79. The company has a market cap of $242.99 million, a price-to-earnings ratio of 19.76 and a beta of 1.08.

iShares Global Timber & Forestry ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.336 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Global Timber & Forestry ETF

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.