Short Interest in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Drops By 36.8%

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 369,314 shares, a drop of 36.8% from the June 15th total of 584,368 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,674,356 shares, the days-to-cover ratio is currently 0.1 days.

iShares U.S. Equity Factor Rotation Active ETF Trading Down 0.7%

Shares of NYSEARCA:DYNF opened at $66.99 on Friday. iShares U.S. Equity Factor Rotation Active ETF has a 1-year low of $54.81 and a 1-year high of $68.28. The stock has a market capitalization of $37.96 billion, a P/E ratio of 24.23 and a beta of 1.02. The business has a 50-day moving average price of $67.02 and a two-hundred day moving average price of $63.18.

Institutional Investors Weigh In On iShares U.S. Equity Factor Rotation Active ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP bought a new position in iShares U.S. Equity Factor Rotation Active ETF in the second quarter valued at approximately $5,533,000. Ameriprise Financial Inc. grew its holdings in iShares U.S. Equity Factor Rotation Active ETF by 35.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,021,544 shares of the company’s stock worth $491,331,000 after acquiring an additional 2,354,023 shares during the period. Redwood Investment Management LLC raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 9.3% during the 2nd quarter. Redwood Investment Management LLC now owns 67,176 shares of the company’s stock valued at $3,658,000 after acquiring an additional 5,713 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 3rd quarter valued at $1,280,000. Finally, Ancora Advisors LLC raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 9.1% during the 3rd quarter. Ancora Advisors LLC now owns 239,440 shares of the company’s stock valued at $14,175,000 after acquiring an additional 20,023 shares during the last quarter.

About iShares U.S. Equity Factor Rotation Active ETF

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.