iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 5,481 shares, a growth of 185.3% from the August 31st total of 1,921 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 6,411 shares, the short-interest ratio is presently 0.9 days.
iShares U.S. Industry Rotation Active ETF Stock Performance
NASDAQ INRO traded down $0.23 during trading on Monday, hitting $36.97. The stock had a trading volume of 46,692 shares, compared to its average volume of 61,463. iShares U.S. Industry Rotation Active ETF has a 12 month low of $29.63 and a 12 month high of $37.90. The company’s 50-day moving average price is $36.56 and its two-hundred day moving average price is $35.10. The company has a market capitalization of $37.70 million, a PE ratio of 26.96 and a beta of 1.07.
iShares U.S. Industry Rotation Active ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.0543 per share. This is a boost from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.22 annualized dividend and a yield of 0.6%.
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.
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