Short Interest in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Grows By 104.0%

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 72,396 shares, an increase of 104.0% from the April 30th total of 35,496 shares. Currently, 8.0% of the shares of the stock are short sold. Based on an average daily volume of 34,544 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC bought a new stake in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,084 shares of the company’s stock, valued at approximately $26,000. EverSource Wealth Advisors LLC owned about 0.12% of U.S. Global Technology and Aerospace & Defense ETF at the end of the most recent quarter.

U.S. Global Technology and Aerospace & Defense ETF Stock Performance

WAR stock traded up $0.98 during midday trading on Tuesday, hitting $36.02. 45,440 shares of the stock were exchanged, compared to its average volume of 28,952. The stock’s 50-day moving average price is $28.91 and its 200-day moving average price is $26.38. The stock has a market cap of $32.42 million, a price-to-earnings ratio of 28.42 and a beta of 1.52. U.S. Global Technology and Aerospace & Defense ETF has a fifty-two week low of $22.25 and a fifty-two week high of $36.16.

U.S. Global Technology and Aerospace & Defense ETF Company Profile

The U.S. Global Technology and Aerospace & Defense ETF (WAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in Technology and Aerospace & Defense companies with a focus on innovations related to national defense. The fund aims for capital growth. WAR was launched on Dec 30, 2024 and is issued by US Global Investors.