iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 62,577 shares, a decrease of 59.9% from the September 30th total of 155,964 shares. Based on an average daily volume of 190,860 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold.
iShares U.S. Industry Rotation Active ETF Stock Down 2.0%
Shares of NASDAQ INRO traded down $0.75 during trading hours on Friday, hitting $35.99. The company had a trading volume of 868,427 shares, compared to its average volume of 84,071. iShares U.S. Industry Rotation Active ETF has a 1-year low of $29.63 and a 1-year high of $37.90. The firm’s 50 day moving average is $36.82 and its 200-day moving average is $34.80. The stock has a market capitalization of $526.17 million, a P/E ratio of 26.96 and a beta of 1.06.
iShares U.S. Industry Rotation Active ETF Increases Dividend
The company 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 represents a $0.22 annualized dividend and a yield of 0.6%. This is an increase 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.
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.
See Also
- Five stocks we like better than iShares U.S. Industry Rotation Active ETF
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for iShares U.S. Industry Rotation Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Industry Rotation Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
