U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Sees Large Decrease in Short Interest

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 1,211 shares, a drop of 77.5% from the June 30th total of 5,389 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 23,565 shares, the short-interest ratio is presently 0.1 days.

U.S. Global Technology and Aerospace & Defense ETF Trading Down 3.8%

Shares of WAR opened at $29.19 on Friday. The stock has a 50 day moving average of $32.48 and a 200-day moving average of $28.43. U.S. Global Technology and Aerospace & Defense ETF has a 52 week low of $22.40 and a 52 week high of $36.16. The firm has a market cap of $35.03 million, a price-to-earnings ratio of 28.42 and a beta of 1.68.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC purchased a new stake in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 1,084 shares of the company’s stock, valued at approximately $26,000. EverSource Wealth Advisors LLC owned 0.12% of U.S. Global Technology and Aerospace & Defense ETF as of its most recent filing with the SEC.

About U.S. Global Technology and Aerospace & Defense ETF

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.