U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Sees Significant Drop in Short Interest

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,211 shares, a decline of 77.5% from the June 30th total of 5,389 shares. Based on an average trading volume of 23,565 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

U.S. Global Technology and Aerospace & Defense ETF Trading Down 3.8%

NYSEARCA:WAR opened at $29.19 on Friday. The stock has a 50 day moving average of $32.48 and a 200-day moving average of $28.43. The firm has a market capitalization of $35.03 million, a PE ratio of 28.42 and a beta of 1.68. 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 Inflows and Outflows

A hedge fund recently bought a new position in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC bought a new position in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent reporting period.

U.S. Global Technology and Aerospace & Defense ETF Company Profile

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.