iShares Global Timber & Forestry ETF Price & Performance (WOOD)

The iShares Global Timber & Forestry ETF experienced notable volatility in February. Short interest initially fell by 28.4% mid-month but rebounded with a 129.8% increase by month's end. This shift reflects broader uncertainties in the timber market, with investors potentially reacting to mixed economic signals and sector-specific challenges.12

Rayonier Inc. has agreed to sell its 77% stake in a New Zealand joint venture for $710 million. The move aims to reduce debt, enhance U.S. operations, and streamline its portfolio. This strategic decision aligns with Rayonier's broader effort to refocus on domestic growth opportunities while improving shareholder returns.3

Institutional investors are increasing their stakes in the iShares Global Timber & Forestry ETF. Recent filings show substantial purchases by firms like SBI Securities and Jane Street Group. This heightened activity suggests confidence in the timber sector despite market fluctuations, as investors seek long-term value in forestry-linked assets.24