iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Update

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

iShares U.S. Industry Rotation Active ETF Stock Performance

Shares of iShares U.S. Industry Rotation Active ETF stock traded down $0.15 during trading on Friday, hitting $28.48. 1,407 shares of the stock were exchanged, compared to its average volume of 4,265. The stock’s fifty day moving average is $28.37 and its 200 day moving average is $27.23. The stock has a market cap of $19.37 million, a PE ratio of 24.72 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a 12 month low of $23.35 and a 12 month high of $28.93.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.0662 dividend. The ex-dividend date was Tuesday, December 17th. This is an increase 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.