iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Short Interest Down 47.2% in August

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 286,130 shares, a decline of 47.2% from the August 15th total of 542,390 shares. Based on an average daily volume of 1,660,256 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

iShares U.S. Equity Factor Rotation Active ETF Stock Performance

DYNF stock traded down $0.32 on Wednesday, reaching $68.44. The company had a trading volume of 1,730,928 shares, compared to its average volume of 3,500,159. iShares U.S. Equity Factor Rotation Active ETF has a 1 year low of $56.18 and a 1 year high of $70.51. The company’s fifty day moving average is $68.75 and its 200 day moving average is $65.50. The company has a market cap of $39.13 billion, a P/E ratio of 24.23 and a beta of 1.02.

Hedge Funds Weigh In On iShares U.S. Equity Factor Rotation Active ETF

A number of institutional investors have recently made changes to their positions in the stock. NBH Bank acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the second quarter worth $39,000. Shah Wealth Advisors LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the second quarter valued at $67,577,000. Strive Financial Group LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the second quarter valued at $47,000. Continuum Advisory LLC lifted its position in iShares U.S. Equity Factor Rotation Active ETF by 12.4% during the second quarter. Continuum Advisory LLC now owns 9,177 shares of the company’s stock worth $624,000 after buying an additional 1,011 shares during the period. Finally, Kentucky Trust Co lifted its position in iShares U.S. Equity Factor Rotation Active ETF by 5.1% during the second quarter. Kentucky Trust Co now owns 34,591 shares of the company’s stock worth $2,353,000 after buying an additional 1,663 shares during the period.

iShares U.S. Equity Factor Rotation Active ETF Company Profile

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.