iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV – Get Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 6,776 shares, a growth of 73.7% from the July 30th total of 3,900 shares. Based on an average daily trading volume, of 16,167 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.
Institutional Trading of iShares Self-Driving EV and Tech ETF
Large investors have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new position in iShares Self-Driving EV and Tech ETF during the first quarter valued at approximately $42,000. Raymond James Financial Inc. purchased a new stake in iShares Self-Driving EV and Tech ETF in the second quarter worth approximately $119,000. WealthSpring Partners LLC bought a new stake in iShares Self-Driving EV and Tech ETF in the 4th quarter worth approximately $214,000. Osaic Holdings Inc. grew its position in iShares Self-Driving EV and Tech ETF by 7.1% in the 4th quarter. Osaic Holdings Inc. now owns 5,639 shares of the company’s stock worth $214,000 after purchasing an additional 375 shares during the period. Finally, Creative Planning raised its stake in iShares Self-Driving EV and Tech ETF by 14.0% during the 3rd quarter. Creative Planning now owns 8,092 shares of the company’s stock valued at $297,000 after buying an additional 994 shares during the last quarter.
iShares Self-Driving EV and Tech ETF Stock Performance
Shares of NYSEARCA:IDRV opened at $36.18 on Wednesday. iShares Self-Driving EV and Tech ETF has a fifty-two week low of $34.35 and a fifty-two week high of $45.64. The business has a 50-day simple moving average of $36.77 and a two-hundred day simple moving average of $39.41. The firm has a market cap of $133.87 million, a price-to-earnings ratio of 11.61 and a beta of 1.27.
About iShares Self-Driving EV and Tech ETF
The iShares Self-Driving EV and Tech ETF (IDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap selected and weighted index of equities related to self-driving vehicles. IDRV was launched on Apr 16, 2019 and is managed by BlackRock.
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