iShares Global Timber & Forestry ETF (NASDAQ:WOOD) Short Interest Update

iShares Global Timber & Forestry ETF (NASDAQ:WOOD) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 30,100 shares, an increase of 129.8% from the February 13th total of 13,100 shares. Based on an average daily volume of 23,400 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares Global Timber & Forestry ETF

Large investors have recently made changes to their positions in the business. Endowment Wealth Management Inc. increased its holdings in iShares Global Timber & Forestry ETF by 2.2% in the fourth quarter. Endowment Wealth Management Inc. now owns 6,292 shares of the company’s stock worth $480,000 after buying an additional 134 shares during the last quarter. MML Investors Services LLC increased its holdings in iShares Global Timber & Forestry ETF by 5.4% in the third quarter. MML Investors Services LLC now owns 3,134 shares of the company’s stock worth $270,000 after buying an additional 161 shares during the last quarter. Comprehensive Financial Planning Inc. PA acquired a new position in iShares Global Timber & Forestry ETF in the fourth quarter worth approximately $25,000. Transce3nd LLC acquired a new position in iShares Global Timber & Forestry ETF in the fourth quarter worth approximately $26,000. Finally, LRI Investments LLC acquired a new position in iShares Global Timber & Forestry ETF in the third quarter worth approximately $31,000.

iShares Global Timber & Forestry ETF Trading Up 2.1 %

NASDAQ WOOD opened at $77.95 on Friday. The stock has a market cap of $243.20 million, a P/E ratio of 17.28 and a beta of 1.08. iShares Global Timber & Forestry ETF has a 52 week low of $74.66 and a 52 week high of $86.79. The company’s fifty day simple moving average is $78.53 and its 200-day simple moving average is $80.09.

iShares Global Timber & Forestry ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.336 dividend. The ex-dividend date 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.