iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Sees Large Increase in Short Interest

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 15,500 shares, an increase of 124.6% from the December 15th total of 6,900 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is presently 4.3 days.

iShares U.S. Industry Rotation Active ETF Stock Down 0.2 %

Shares of iShares U.S. Industry Rotation Active ETF stock traded down $0.07 during mid-day trading on Thursday, reaching $28.12. 1,054 shares of the stock traded hands, compared to its average volume of 4,895. iShares U.S. Industry Rotation Active ETF has a fifty-two week low of $23.35 and a fifty-two week high of $28.93. The stock has a market capitalization of $19.12 million, a PE ratio of 24.72 and a beta of 1.49. The business has a 50-day moving average of $28.30 and a 200 day moving average of $27.08.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.0662 dividend. The ex-dividend date was Tuesday, December 17th. This is an increase from iShares U.S. Industry Rotation Active ETF’s previous dividend of $0.04.

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.