Short Interest in iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Rises By 124.6%

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 15,500 shares, an increase of 124.6% from the December 15th total of 6,900 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 4.3 days.

iShares U.S. Industry Rotation Active ETF Trading Up 0.0 %

NASDAQ INRO traded up $0.01 during trading hours on Tuesday, hitting $27.58. The company’s stock had a trading volume of 3,223 shares, compared to its average volume of 5,803. The company has a market capitalization of $18.75 million, a PE ratio of 24.72 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a 52 week low of $23.35 and a 52 week high of $28.93. The company’s 50-day simple moving average is $28.30 and its two-hundred day simple moving average is $27.07.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.0662 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous dividend of $0.04.

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.