iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,921 shares, a growth of 108.1% from the August 15th total of 923 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,714 shares, the short-interest ratio is currently 1.1 days.
iShares U.S. Industry Rotation Active ETF Price Performance
Shares of NASDAQ:INRO traded down $0.28 on Monday, reaching $36.44. 4,957 shares of the company traded hands, compared to its average volume of 3,485. The stock has a market capitalization of $34.98 million, a PE ratio of 26.96 and a beta of 1.07. The company’s 50 day moving average is $36.43 and its 200-day moving average is $34.78. iShares U.S. Industry Rotation Active ETF has a fifty-two week low of $29.63 and a fifty-two week high of $37.44.
Institutional Investors Weigh In On iShares U.S. Industry Rotation Active ETF
A hedge fund recently bought a new stake in iShares U.S. Industry Rotation Active ETF stock. Imprint Wealth LLC purchased a new position in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 7,934 shares of the company’s stock, valued at approximately $251,000. Imprint Wealth LLC owned approximately 0.81% of iShares U.S. Industry Rotation Active ETF at the end of the most recent quarter.
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.
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