iShares U.S. Manufacturing ETF (NYSEARCA:MADE) Short Interest Down 92.4% in April

iShares U.S. Manufacturing ETF (NYSEARCA:MADE) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 968 shares, a decline of 92.4% from the April 15th total of 12,803 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 20,478 shares, the days-to-cover ratio is currently 0.0 days.

iShares U.S. Manufacturing ETF Stock Up 0.6%

Shares of iShares U.S. Manufacturing ETF stock traded up $0.22 during trading on Wednesday, reaching $37.48. The company’s stock had a trading volume of 17,185 shares, compared to its average volume of 23,317. The business’s 50-day moving average price is $35.34 and its 200-day moving average price is $33.60. The firm has a market cap of $57.34 million, a PE ratio of 20.18 and a beta of 1.25. iShares U.S. Manufacturing ETF has a 52 week low of $24.80 and a 52 week high of $37.80.

Institutional Investors Weigh In On iShares U.S. Manufacturing ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. TFB Advisors LLC lifted its position in iShares U.S. Manufacturing ETF by 47.4% during the third quarter. TFB Advisors LLC now owns 11,420 shares of the company’s stock worth $334,000 after purchasing an additional 3,670 shares during the period. WealthBridge Capital Management LLC lifted its position in iShares U.S. Manufacturing ETF by 7.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 59,982 shares of the company’s stock worth $1,871,000 after purchasing an additional 4,289 shares during the period. Citadel Advisors LLC lifted its position in iShares U.S. Manufacturing ETF by 24.7% during the third quarter. Citadel Advisors LLC now owns 26,043 shares of the company’s stock worth $762,000 after purchasing an additional 5,158 shares during the period. Tower Research Capital LLC TRC lifted its position in iShares U.S. Manufacturing ETF by 58.1% during the second quarter. Tower Research Capital LLC TRC now owns 17,125 shares of the company’s stock worth $455,000 after purchasing an additional 6,295 shares during the period. Finally, Kestra Private Wealth Services LLC bought a new stake in iShares U.S. Manufacturing ETF during the first quarter worth about $261,000.

iShares U.S. Manufacturing ETF Company Profile

The iShares U.S. Manufacturing ETF (MADE) is an exchange-traded fund that is based on the S&P U.S. Manufacturing Select index. The fund is passively managed to invest in US equity securities that derive revenues from manufacturing and manufacturing-related sectors. The fund optimizes the portfolio by setting weight limits for select sectors. MADE was launched on Jul 17, 2024 and is issued by BlackRock.