Short Interest in iShares Defense Industrials Active ETF (NASDAQ:IDEF) Declines By 98.0%

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 93,488 shares, a decrease of 98.0% from the May 31st total of 4,760,168 shares. Based on an average daily volume of 865,887 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IDEF. Arkadios Wealth Advisors purchased a new stake in iShares Defense Industrials Active ETF in the 1st quarter worth $571,000. EverSource Wealth Advisors LLC purchased a new stake in iShares Defense Industrials Active ETF during the 1st quarter valued at $239,000. Vision Retirement LLC purchased a new stake in iShares Defense Industrials Active ETF in the 1st quarter worth about $31,000. Cornerstone Planning Group LLC purchased a new stake in shares of iShares Defense Industrials Active ETF in the first quarter worth approximately $1,844,000. Finally, Beaumont Financial Advisors LLC bought a new stake in shares of iShares Defense Industrials Active ETF during the first quarter worth $7,485,000.

iShares Defense Industrials Active ETF Stock Up 0.3%

Shares of NASDAQ:IDEF traded up $0.10 during midday trading on Friday, reaching $31.08. The company’s stock had a trading volume of 251,364 shares, compared to its average volume of 1,364,305. iShares Defense Industrials Active ETF has a 12-month low of $27.52 and a 12-month high of $36.88. The firm has a 50 day moving average of $32.92 and a 200-day moving average of $33.57.

iShares Defense Industrials Active ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.0542 per share. The ex-dividend date was Monday, June 15th.

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.