iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Update

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 155,964 shares, an increase of 2,745.5% from the September 15th total of 5,481 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 1,130,671 shares, the short-interest ratio is presently 0.1 days.

iShares U.S. Industry Rotation Active ETF Stock Performance

Shares of iShares U.S. Industry Rotation Active ETF stock traded up $0.21 during trading hours on Friday, reaching $37.53. The company’s stock had a trading volume of 488,551 shares, compared to its average volume of 75,640. iShares U.S. Industry Rotation Active ETF has a one year low of $29.63 and a one year high of $37.90. The company’s 50 day simple moving average is $36.85 and its 200 day simple moving average is $35.46. The stock has a market cap of $491.64 million, a P/E ratio of 26.96 and a beta of 1.06.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.0543 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous quarterly 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.