iShares Defense Industrials Active ETF (NASDAQ:IDEF) Short Interest Update

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 856,448 shares, a growth of 250.4% from the June 30th total of 244,420 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 645,123 shares, the short-interest ratio is currently 1.3 days.

iShares Defense Industrials Active ETF Price Performance

Shares of NASDAQ:IDEF traded up $0.24 during trading on Monday, hitting $32.40. 421,695 shares of the stock traded hands, compared to its average volume of 1,263,183. The company has a fifty day moving average price of $32.24 and a two-hundred day moving average price of $33.72. iShares Defense Industrials Active ETF has a 52-week low of $28.01 and a 52-week high of $36.88.

iShares Defense Industrials Active ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.0542 dividend. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares Defense Industrials Active ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atlatl Advisers LLC boosted its stake in iShares Defense Industrials Active ETF by 18.6% during the second quarter. Atlatl Advisers LLC now owns 7,528 shares of the company’s stock worth $239,000 after buying an additional 1,178 shares during the last quarter. Vision Retirement LLC increased its stake in shares of iShares Defense Industrials Active ETF by 355.6% in the 2nd quarter. Vision Retirement LLC now owns 4,292 shares of the company’s stock worth $136,000 after acquiring an additional 3,350 shares during the last quarter. CoreCap Advisors LLC increased its stake in shares of iShares Defense Industrials Active ETF by 16.4% in the 2nd quarter. CoreCap Advisors LLC now owns 44,261 shares of the company’s stock worth $1,407,000 after acquiring an additional 6,247 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in shares of iShares Defense Industrials Active ETF during the 1st quarter worth $571,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of iShares Defense Industrials Active ETF during the 1st quarter worth $239,000.

About iShares Defense Industrials Active ETF

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.