iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Update

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 8,672 shares, a growth of 149.1% from the July 15th total of 3,482 shares. Based on an average trading volume of 1,297 shares, the short-interest ratio is currently 6.7 days. Approximately 0.9% of the shares of the company are sold short.

Institutional Trading of iShares U.S. Industry Rotation Active ETF

A hedge fund recently bought a new position in iShares U.S. Industry Rotation Active ETF stock. Imprint Wealth LLC acquired a new stake in shares of iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 7,934 shares of the company’s stock, valued at approximately $251,000. Imprint Wealth LLC owned approximately 0.81% of iShares U.S. Industry Rotation Active ETF as of its most recent SEC filing.

iShares U.S. Industry Rotation Active ETF Stock Performance

Shares of iShares U.S. Industry Rotation Active ETF stock traded down $0.05 on Friday, hitting $37.29. 1,474 shares of the company’s stock were exchanged, compared to its average volume of 3,411. iShares U.S. Industry Rotation Active ETF has a 1 year low of $29.63 and a 1 year high of $37.44. The company has a 50-day simple moving average of $36.13 and a 200-day simple moving average of $34.15. The stock has a market capitalization of $35.80 million, a PE ratio of 26.96 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.04 per share. The ex-dividend date was Monday, June 15th. This represents a $0.16 annualized dividend and a yield of 0.4%.

About iShares U.S. Industry Rotation Active ETF

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.