Short Interest in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Decreases By 34.8%

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 47,212 shares, a decline of 34.8% from the May 14th total of 72,396 shares. Currently, 5.2% of the company’s shares are sold short. Based on an average daily trading volume, of 41,495 shares, the days-to-cover ratio is currently 1.1 days.

U.S. Global Technology and Aerospace & Defense ETF Trading Down 2.7%

WAR traded down $0.91 during midday trading on Tuesday, hitting $33.00. The company’s stock had a trading volume of 15,346 shares, compared to its average volume of 28,538. The firm has a market cap of $29.70 million, a P/E ratio of 28.42 and a beta of 1.65. The firm has a 50-day moving average price of $30.79 and a two-hundred day moving average price of $27.06. U.S. Global Technology and Aerospace & Defense ETF has a 52-week low of $22.40 and a 52-week high of $36.16.

Institutional Trading of U.S. Global Technology and Aerospace & Defense ETF

A hedge fund recently bought a new stake in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC bought a new position in shares of U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 1,084 shares of the company’s stock, valued at approximately $26,000. EverSource Wealth Advisors LLC owned 0.12% of U.S. Global Technology and Aerospace & Defense ETF as of its most recent filing with the SEC.

About U.S. Global Technology and Aerospace & Defense ETF

The U.S. Global Technology and Aerospace & Defense ETF (WAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in Technology and Aerospace & Defense companies with a focus on innovations related to national defense. The fund aims for capital growth. WAR was launched on Dec 30, 2024 and is issued by US Global Investors.