Short Interest in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Expands By 124.6%

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 15,500 shares, an increase of 124.6% from the December 15th total of 6,900 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 4.3 days.

iShares U.S. Industry Rotation Active ETF Trading Down 0.2 %

Shares of iShares U.S. Industry Rotation Active ETF stock traded down $0.07 during trading hours on Thursday, hitting $28.12. 1,054 shares of the company were exchanged, compared to its average volume of 4,895. The business has a 50-day moving average of $28.30 and a 200-day moving average of $27.08. iShares U.S. Industry Rotation Active ETF has a 1 year low of $23.35 and a 1 year high of $28.93. The stock has a market capitalization of $19.12 million, a price-to-earnings ratio of 24.72 and a beta of 1.49.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.0662 dividend. This is an increase from iShares U.S. Industry Rotation Active ETF’s previous dividend of $0.04. The ex-dividend date was Tuesday, December 17th.

iShares U.S. Industry Rotation Active ETF Company Profile

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.