iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Down 90.4% in February

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 2,600 shares, a decrease of 90.4% from the February 13th total of 27,100 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are short sold.

iShares U.S. Industry Rotation Active ETF Price Performance

Shares of iShares U.S. Industry Rotation Active ETF stock traded up $0.17 on Thursday, hitting $26.18. 1,061 shares of the company’s stock traded hands, compared to its average volume of 6,835. The firm’s 50-day moving average price is $28.09 and its two-hundred day moving average price is $27.68. The stock has a market capitalization of $18.33 million, a PE ratio of 24.43 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a one year low of $23.35 and a one year high of $29.01.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.0662 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is an increase from iShares U.S. Industry Rotation Active ETF’s previous dividend of $0.04.

iShares U.S. Industry Rotation Active ETF Company Profile

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.