iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Down 25.9% in March

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 2,000 shares, a decline of 25.9% from the March 15th total of 2,700 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

iShares U.S. Industry Rotation Active ETF Trading Up 0.0 %

Shares of NASDAQ INRO opened at $24.60 on Monday. The company’s 50-day moving average price is $26.45 and its 200 day moving average price is $27.52. iShares U.S. Industry Rotation Active ETF has a 52 week low of $22.67 and a 52 week high of $29.01. The stock has a market cap of $22.63 million, a price-to-earnings ratio of 23.28 and a beta of 1.49.

iShares U.S. Industry Rotation Active ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a dividend of $0.0401 per share. The ex-dividend date was Tuesday, March 18th.

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.