iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Update

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 2,000 shares, a decline of 25.9% from the March 15th total of 2,700 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

iShares U.S. Industry Rotation Active ETF Trading Up 0.0 %

NASDAQ INRO traded up $0.01 during trading on Friday, hitting $24.60. The company had a trading volume of 5,088 shares, compared to its average volume of 6,664. The company’s fifty day moving average is $26.45 and its 200-day moving average is $27.51. iShares U.S. Industry Rotation Active ETF has a one year low of $22.67 and a one year high of $29.01. The company has a market cap of $22.63 million, a price-to-earnings ratio of 23.28 and a beta of 1.49.

iShares U.S. Industry Rotation Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a dividend of $0.0401 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.