iShares Defense Industrials Active ETF (NASDAQ:IDEF) Sees Significant Increase in Short Interest

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 856,448 shares, an increase of 250.4% from the June 30th total of 244,420 shares. Based on an average daily volume of 645,123 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Trading of iShares Defense Industrials Active ETF

Several institutional investors and hedge funds have recently bought and sold shares of IDEF. AdvisorNet Financial Inc acquired a new stake in shares of iShares Defense Industrials Active ETF in the first quarter worth $51,000. Fifth Third Wealth Advisors LLC acquired a new stake in iShares Defense Industrials Active ETF during the 1st quarter worth about $3,359,000. KERR FINANCIAL PLANNING Corp acquired a new stake in iShares Defense Industrials Active ETF during the 1st quarter worth about $126,000. Bank of New York Mellon Corp purchased a new position in shares of iShares Defense Industrials Active ETF during the 1st quarter valued at about $66,560,000. Finally, Beaumont Financial Advisors LLC purchased a new position in shares of iShares Defense Industrials Active ETF during the 1st quarter valued at about $7,485,000.

iShares Defense Industrials Active ETF Price Performance

Shares of iShares Defense Industrials Active ETF stock remained flat at $32.16 on Friday. The company had a trading volume of 449,655 shares, compared to its average volume of 1,269,194. iShares Defense Industrials Active ETF has a 12-month low of $28.01 and a 12-month high of $36.88. The company has a fifty day simple moving average of $32.24 and a 200 day simple moving average of $33.72.

iShares Defense Industrials Active ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.0542 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares Defense Industrials Active ETF Company Profile

BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.