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 decrease in short interest in November. As of November 15th, there was short interest totalling 1,500 shares, a decrease of 80.5% from the October 31st total of 7,700 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 0.4 days.

iShares U.S. Industry Rotation Active ETF Trading Up 0.5 %

Shares of iShares U.S. Industry Rotation Active ETF stock traded up $0.13 on Friday, reaching $28.69. 1,214 shares of the company were exchanged, compared to its average volume of 481. The company has a market capitalization of $16.64 million, a price-to-earnings ratio of 24.72 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a one year low of $23.35 and a one year high of $28.74. The company has a 50-day moving average of $27.57 and a 200 day moving average of $26.44.

iShares U.S. Industry Rotation Active ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $0.0374 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

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) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 69,411 shares of the company’s stock, valued at approximately $1,804,000. Stonebrook Private Inc. owned about 19.28% of iShares U.S. Industry Rotation Active ETF at the end of the most recent reporting period.

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.