iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Short Interest Update

iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 13,156 shares, a decrease of 49.4% from the April 15th total of 25,976 shares. Based on an average trading volume of 144,096 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares Cybersecurity and Tech ETF Stock Performance

IHAK traded down $0.12 during trading hours on Friday, reaching $52.15. The company’s stock had a trading volume of 135,796 shares, compared to its average volume of 193,807. iShares Cybersecurity and Tech ETF has a 52 week low of $40.97 and a 52 week high of $53.98. The company’s 50-day moving average is $46.20 and its 200-day moving average is $47.41. The firm has a market cap of $823.97 million, a PE ratio of 26.03 and a beta of 0.76.

Institutional Investors Weigh In On iShares Cybersecurity and Tech ETF

Large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. increased its position in iShares Cybersecurity and Tech ETF by 0.6% during the 2nd quarter. Raymond James Financial Inc. now owns 46,182 shares of the company’s stock worth $2,457,000 after buying an additional 295 shares during the period. PFG Investments LLC increased its position in iShares Cybersecurity and Tech ETF by 7.8% during the 4th quarter. PFG Investments LLC now owns 4,171 shares of the company’s stock worth $201,000 after buying an additional 301 shares during the period. Anchor Investment Management LLC increased its position in iShares Cybersecurity and Tech ETF by 16.9% during the 4th quarter. Anchor Investment Management LLC now owns 2,141 shares of the company’s stock worth $103,000 after buying an additional 310 shares during the period. Koa Wealth Management LLC increased its position in iShares Cybersecurity and Tech ETF by 1.3% during the 3rd quarter. Koa Wealth Management LLC now owns 27,141 shares of the company’s stock worth $1,420,000 after buying an additional 337 shares during the period. Finally, NewEdge Advisors LLC increased its position in iShares Cybersecurity and Tech ETF by 4.0% during the 3rd quarter. NewEdge Advisors LLC now owns 9,675 shares of the company’s stock worth $506,000 after buying an additional 370 shares during the period.

iShares Cybersecurity and Tech ETF Company Profile

The iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund that is based on the NYSE FactSet Global Cyber Security index. The fund tracks a market cap-selected and -weighted index of large- and mid-cap companies involved in cyber hardware and software. IHAK was launched on Jun 11, 2019 and is managed by BlackRock.