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

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 15,500 shares, a growth of 124.6% from the December 31st total of 6,900 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 4.3 days.

iShares U.S. Industry Rotation Active ETF Trading Down 0.3 %

NASDAQ INRO traded down $0.08 on Wednesday, hitting $28.58. 634 shares of the stock traded hands, compared to its average volume of 3,924. The stock has a 50-day moving average of $28.35 and a 200 day moving average of $27.21. iShares U.S. Industry Rotation Active ETF has a twelve month low of $23.35 and a twelve month high of $28.93. The company has a market capitalization of $19.43 million, a P/E ratio of 24.72 and a beta of 1.49.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.0662 dividend. The ex-dividend date was Tuesday, December 17th. This is a boost 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.