iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Short Interest Update

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,700 shares, a drop of 77.9% from the September 15th total of 7,700 shares. Based on an average daily trading volume, of 29,300 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 29,300 shares, the short-interest ratio is presently 0.1 days.

iShares Self-Driving EV and Tech ETF Stock Performance

Shares of NYSEARCA IDRV opened at $36.76 on Friday. iShares Self-Driving EV and Tech ETF has a fifty-two week low of $24.48 and a fifty-two week high of $37.92. The stock has a market cap of $165.42 million, a price-to-earnings ratio of 11.61 and a beta of 1.36. The firm’s 50-day simple moving average is $35.85 and its 200 day simple moving average is $32.32.

Hedge Funds Weigh In On iShares Self-Driving EV and Tech ETF

Several large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in shares of iShares Self-Driving EV and Tech ETF by 5.3% during the 1st quarter. Royal Bank of Canada now owns 12,460 shares of the company’s stock valued at $364,000 after buying an additional 626 shares in the last quarter. Kilter Group LLC bought a new stake in iShares Self-Driving EV and Tech ETF during the 2nd quarter worth approximately $31,000. Smithfield Trust Co bought a new stake in iShares Self-Driving EV and Tech ETF during the 2nd quarter worth approximately $35,000. Wealthfront Advisers LLC increased its holdings in iShares Self-Driving EV and Tech ETF by 9.0% during the 1st quarter. Wealthfront Advisers LLC now owns 19,081 shares of the company’s stock worth $558,000 after acquiring an additional 1,570 shares during the period. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in iShares Self-Driving EV and Tech ETF by 9.7% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 21,191 shares of the company’s stock worth $648,000 after acquiring an additional 1,871 shares during the period.

iShares Self-Driving EV and Tech ETF Company Profile

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.