Short Interest in iShares Defense Industrials Active ETF (NASDAQ:IDEF) Increases By 607,469.2%

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 116,385,961 shares, an increase of 607,469.2% from the February 26th total of 19,156 shares. Based on an average daily volume of 8,926,075 shares, the short-interest ratio is currently 13.0 days. Approximately 6,612.8% of the company’s stock are short sold. Approximately 6,612.8% of the company’s stock are short sold. Based on an average daily volume of 8,926,075 shares, the short-interest ratio is currently 13.0 days.

iShares Defense Industrials Active ETF Stock Performance

NASDAQ:IDEF traded down $0.54 during trading hours on Tuesday, reaching $33.58. The company’s stock had a trading volume of 984,827 shares, compared to its average volume of 1,925,138. iShares Defense Industrials Active ETF has a 12 month low of $24.97 and a 12 month high of $36.88. The stock has a 50 day moving average price of $35.25 and a two-hundred day moving average price of $32.53.

iShares Defense Industrials Active ETF Company Profile

BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.