Short Interest in iShares Technology Opportunities Active ETF (NYSEARCA:TEK) Grows By 66.3%

iShares Technology Opportunities Active ETF (NYSEARCA:TEK) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 5,907 shares, an increase of 66.3% from the July 30th total of 3,552 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 4,356 shares, the short-interest ratio is presently 1.4 days.

iShares Technology Opportunities Active ETF Stock Performance

TEK traded up $0.01 during trading on Monday, hitting $38.46. The stock had a trading volume of 2,845 shares, compared to its average volume of 5,580. The company has a market capitalization of $41.54 million, a PE ratio of 43.98 and a beta of 2.02. iShares Technology Opportunities Active ETF has a twelve month low of $26.72 and a twelve month high of $43.85. The stock has a 50 day simple moving average of $38.68 and a two-hundred day simple moving average of $35.78.

About iShares Technology Opportunities Active ETF

The iShares Technology Opportunities Active ETF (TEK) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, investing in US and non-US technology companies across all market capitalizations. The fund aims for long-term growth of capital, focusing on firms with rapid growth potential in the industry TEK was launched on Oct 21, 2024 and is issued by BlackRock.