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 growth in short interest in 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 currently 4.3 days.

iShares U.S. Industry Rotation Active ETF Price Performance

NASDAQ INRO traded up $0.21 during trading on Friday, hitting $28.84. The company’s stock had a trading volume of 866 shares, compared to its average volume of 4,238. The company has a market cap of $19.61 million, a PE ratio of 24.72 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a fifty-two week low of $23.35 and a fifty-two week high of $28.93. The business’s 50 day simple moving average is $28.37 and its 200-day simple moving average is $27.23.

iShares U.S. Industry Rotation Active ETF Increases Dividend

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

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.