Short Interest in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Rises By 1,440.0%

Posted by Martin Roberts on Nov 13th, 2024

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 7,700 shares, a growth of 1,440.0% from the October 15th total of 500 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 1.9 days.

iShares U.S. Industry Rotation Active ETF Price Performance

INRO stock opened at $28.40 on Wednesday. iShares U.S. Industry Rotation Active ETF has a fifty-two week low of $23.35 and a fifty-two week high of $28.57. The stock has a market capitalization of $16.47 million, a P/E ratio of 24.72 and a beta of 1.49. The business has a 50-day moving average of $26.97 and a 200-day moving average of $26.11.

iShares U.S. Industry Rotation Active ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.0374 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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

An institutional investor recently bought a new position in iShares U.S. Industry Rotation Active ETF stock. Stonebrook Private Inc. acquired a new stake in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 69,411 shares of the company’s stock, valued at approximately $1,804,000. Stonebrook Private Inc. owned 19.28% of iShares U.S. Industry Rotation Active ETF as of its most recent SEC filing.

iShares U.S. Industry Rotation Active ETF Company Profile

(Get Free Report)

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.