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

iShares Global Timber & Forestry ETF (NASDAQ:WOOD) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 13,900 shares, a decrease of 14.7% from the December 15th total of 16,300 shares. Based on an average trading volume of 28,300 shares, the days-to-cover ratio is currently 0.5 days.

iShares Global Timber & Forestry ETF Stock Performance

Shares of NASDAQ:WOOD opened at $77.97 on Friday. The firm has a market cap of $243.27 million, a price-to-earnings ratio of 6.98 and a beta of 1.08. The firm has a fifty day moving average price of $78.36 and a 200 day moving average price of $80.16. iShares Global Timber & Forestry ETF has a fifty-two week low of $73.83 and a fifty-two week high of $86.79.

iShares Global Timber & Forestry 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 paid a dividend of $0.336 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. LRI Investments LLC purchased a new position in iShares Global Timber & Forestry ETF in the third quarter worth about $31,000. Quent Capital LLC bought a new stake in iShares Global Timber & Forestry ETF during the 3rd quarter valued at $39,000. Creative Financial Designs Inc. ADV increased 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 valued at $77,000 after purchasing an additional 128 shares during the period. Larson Financial Group LLC increased its holdings in iShares Global Timber & Forestry ETF by 738.7% during the third quarter. Larson Financial Group LLC now owns 1,602 shares of the company’s stock valued at $138,000 after buying an additional 1,411 shares during the period. Finally, Rather & Kittrell Inc. purchased a new position in shares of iShares Global Timber & Forestry ETF in the 3rd quarter valued at $210,000.

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.