ARK Israel Innovative Technology ETF (BATS:IZRL) Stock Short Interest Declines 50.6%

ARK Israel Innovative Technology ETF (BATS:IZRL) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 6,645 shares, a drop of 50.6% from the August 31st total of 13,446 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 8,496 shares, the short-interest ratio is currently 0.8 days.

ARK Israel Innovative Technology ETF Stock Up 0.1%

Shares of IZRL stock opened at $28.18 on Wednesday. ARK Israel Innovative Technology ETF has a 52-week low of $25.96 and a 52-week high of $32.76. The stock has a market cap of $121.17 million, a PE ratio of 26.42 and a beta of 1.04. The business has a 50-day simple moving average of $29.21 and a 200-day simple moving average of $29.54.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ARK Israel Innovative Technology ETF stock. Provenance Wealth Advisors LLC bought a new stake in ARK Israel Innovative Technology ETF (BATS:IZRL) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 3,448 shares of the company’s stock, valued at approximately $93,000. Provenance Wealth Advisors LLC owned 0.08% of ARK Israel Innovative Technology ETF at the end of the most recent reporting period.

ARK Israel Innovative Technology ETF Company Profile

The ARK Israel Innovative Technology ETF (IZRL) is an exchange-traded fund that is based on the ARK Israeli Innovation (USD)(TR) index. The fund tracks an equally weighted index of Israeli companies causing advancements in the areas of genomics, health care, biotechnology, industrials, manufacturing, and IT. IZRL was launched on Dec 5, 2017 and is managed by ARK.