iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO – Get Free Report) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 6,900 shares, a drop of 72.1% from the January 15th total of 24,700 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is currently 1.8 days.
iShares U.S. Industry Rotation Active ETF Stock Down 0.3 %
INRO traded down $0.09 during trading on Wednesday, hitting $28.50. The company’s stock had a trading volume of 123,482 shares, compared to its average volume of 8,381. The firm has a market capitalization of $19.95 million, a P/E ratio of 24.72 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a twelve month low of $23.35 and a twelve month high of $28.93. The stock’s fifty day moving average price is $28.35 and its 200-day moving average price is $27.37.
iShares U.S. Industry Rotation Active ETF Increases Dividend
The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.0662 per share. The ex-dividend date 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.
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