iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Shares Shorted: Short Interest Down 67.4% in October

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 20,386 shares, a decrease of 67.4% from the October 15th total of 62,577 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 223,166 shares, the short-interest ratio is currently 0.1 days.

iShares U.S. Industry Rotation Active ETF Trading Down 0.8%

iShares U.S. Industry Rotation Active ETF stock traded down $0.28 during trading on Friday, reaching $35.75. The company had a trading volume of 155,349 shares, compared to its average volume of 91,444. iShares U.S. Industry Rotation Active ETF has a 52 week low of $29.63 and a 52 week high of $37.90. The firm’s 50-day simple moving average is $36.65 and its 200 day simple moving average is $34.95. The firm has a market capitalization of $555.52 million, a price-to-earnings ratio of 23.81 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a $0.0543 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04. This represents a $0.22 dividend on an annualized basis and a yield of 0.6%.

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.