U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Sees Significant Drop in Short Interest

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 7 shares, a decrease of 88.7% from the October 15th total of 62 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,183 shares, the days-to-cover ratio is currently 0.0 days.

U.S. Global Technology and Aerospace & Defense ETF Price Performance

Shares of U.S. Global Technology and Aerospace & Defense ETF stock traded up $0.98 during trading on Wednesday, hitting $26.44. 4,897 shares of the company’s stock traded hands, compared to its average volume of 21,683. U.S. Global Technology and Aerospace & Defense ETF has a 1 year low of $22.40 and a 1 year high of $36.16. The business has a 50-day simple moving average of $29.61 and a 200-day simple moving average of $29.33. The stock has a market capitalization of $30.41 million, a P/E ratio of 28.42 and a beta of 1.88.

Hedge Funds Weigh In On U.S. Global Technology and Aerospace & Defense ETF

An institutional investor recently bought a new position in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC acquired a new stake in shares of U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,084 shares of the company’s stock, valued at approximately $26,000. EverSource Wealth Advisors LLC owned about 0.12% of U.S. Global Technology and Aerospace & Defense ETF as of its most recent SEC filing.

U.S. Global Technology and Aerospace & Defense ETF Company Profile

The U.S. Global Technology and Aerospace & Defense ETF (WAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in Technology and Aerospace & Defense companies with a focus on innovations related to national defense. The fund aims for capital growth. WAR was launched on Dec 30, 2024 and is issued by US Global Investors.