iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB) Stock Short Interest Drops 73.0%

iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 716 shares, a decrease of 73.0% from the August 31st total of 2,653 shares. Based on an average daily trading volume, of 6,891 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

iShares U.S. Tech Breakthrough Multisector ETF Trading Down 0.5%

TECB stock traded down $0.37 during trading on Friday, hitting $79.47. The company had a trading volume of 9,341 shares, compared to its average volume of 13,273. The company has a fifty day moving average price of $74.42 and a two-hundred day moving average price of $68.60. iShares U.S. Tech Breakthrough Multisector ETF has a fifty-two week low of $53.33 and a fifty-two week high of $79.95. The company has a market cap of $524.50 million, a P/E ratio of 30.82 and a beta of 1.25.

About iShares U.S. Tech Breakthrough Multisector ETF

(Get Free Report)

The iShares U.S. Tech Breakthrough Multisector ETF (TECB) is an exchange-traded fund that is based on the NYSE FactSet U.S. Tech Breakthrough index. The fund tracks an index of US equities that could benefit from breakthrough technologies, modified market cap weighted. TECB was launched on Jan 8, 2020 and is managed by BlackRock.

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