iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Up 149.1% in July

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

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 bought a new position in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 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 at the end of the most recent reporting period.

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iShares U.S. Industry Rotation Active ETF Stock Performance

NASDAQ INRO opened at $37.44 on Friday. The company has a market capitalization of $35.94 million, a PE ratio of 26.96 and a beta of 1.07. iShares U.S. Industry Rotation Active ETF has a 52-week low of $29.63 and a 52-week high of $37.44. The company has a 50-day simple moving average of $36.10 and a 200 day simple moving average of $34.13.

iShares U.S. Industry Rotation Active ETF Cuts Dividend

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

About iShares U.S. Industry Rotation Active ETF

(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.

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