iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Stock Short Interest Report for October

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 62,577 shares, a decline of 59.9% from the September 30th total of 155,964 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 190,860 shares, the short-interest ratio is presently 0.3 days.

iShares U.S. Industry Rotation Active ETF Trading Up 0.4%

INRO stock opened at $36.89 on Thursday. iShares U.S. Industry Rotation Active ETF has a one year low of $29.63 and a one year high of $37.90. The firm has a market capitalization of $526.05 million, a PE ratio of 26.96 and a beta of 1.06. The firm has a 50-day moving average of $36.83 and a two-hundred day moving average of $34.77.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.0543 dividend. This represents a $0.22 annualized dividend and a dividend yield of 0.6%. This is an increase from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Tuesday, September 15th.

About iShares U.S. Industry Rotation Active ETF

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.