iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sees Large Drop in Short Interest

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 295,164 shares, a decline of 94.8% from the March 15th total of 5,683,697 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,252,119 shares, the days-to-cover ratio is currently 0.1 days.

iShares U.S. Equity Factor Rotation Active ETF Stock Up 0.0%

Shares of DYNF stock traded up $0.03 on Friday, hitting $61.24. The company had a trading volume of 2,619,944 shares, compared to its average volume of 5,291,749. The firm has a market cap of $31.72 billion, a P/E ratio of 24.23 and a beta of 1.02. The company has a 50-day moving average price of $60.14 and a 200-day moving average price of $60.26. iShares U.S. Equity Factor Rotation Active ETF has a twelve month low of $44.44 and a twelve month high of $62.41.

Hedge Funds Weigh In On iShares U.S. Equity Factor Rotation Active ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. First Command Advisory Services Inc. acquired a new stake in iShares U.S. Equity Factor Rotation Active ETF in the third quarter valued at approximately $1,333,260,000. JPMorgan Chase & Co. grew its holdings in iShares U.S. Equity Factor Rotation Active ETF by 16.5% in the third quarter. JPMorgan Chase & Co. now owns 22,898,210 shares of the company’s stock valued at $1,355,574,000 after purchasing an additional 3,242,172 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares U.S. Equity Factor Rotation Active ETF by 35.8% in the third quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock valued at $724,896,000 after purchasing an additional 3,227,607 shares during the period. BlueStem Wealth Partners LLC acquired a new stake in iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter valued at approximately $71,412,000. Finally, Bank of New York Mellon Corp grew its holdings in iShares U.S. Equity Factor Rotation Active ETF by 27.0% in the third quarter. Bank of New York Mellon Corp now owns 3,737,264 shares of the company’s stock valued at $221,246,000 after purchasing an additional 794,487 shares during the period.

iShares U.S. Equity Factor Rotation Active ETF Company Profile

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.