iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Shares Shorted: Short Interest Down 64.7% in October

iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 12,922 shares, a decrease of 64.7% from the September 30th total of 36,557 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 49,105 shares, the days-to-cover ratio is currently 0.3 days.

iShares Self-Driving EV and Tech ETF Trading Down 1.6%

NYSEARCA IDRV traded down $0.49 during trading hours on Thursday, reaching $30.71. The company’s stock had a trading volume of 26,870 shares, compared to its average volume of 83,860. The business has a 50-day simple moving average of $34.08 and a 200 day simple moving average of $38.16. iShares Self-Driving EV and Tech ETF has a 52 week low of $30.09 and a 52 week high of $45.64. The stock has a market cap of $119.77 million, a PE ratio of 11.61 and a beta of 1.30.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Self-Driving EV and Tech ETF stock. Integrated Wealth Concepts LLC bought a new stake in iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,717 shares of the company’s stock, valued at approximately $104,000. Integrated Wealth Concepts LLC owned about 0.07% of iShares Self-Driving EV and Tech ETF as of its most recent filing with the Securities & Exchange Commission.

iShares Self-Driving EV and Tech ETF Company Profile

The iShares Self-Driving EV and Tech ETF (IDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap selected and weighted index of equities related to self-driving vehicles. IDRV was launched on Apr 16, 2019 and is managed by BlackRock.