iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Update

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 900 shares, an increase of 200.0% from the June 30th total of 300 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 7,900 shares, the short-interest ratio is currently 0.1 days.

iShares U.S. Industry Rotation Active ETF Stock Performance

INRO opened at $29.87 on Thursday. The stock has a market cap of $29.27 million, a price-to-earnings ratio of 26.96 and a beta of 1.49. iShares U.S. Industry Rotation Active ETF has a 1 year low of $22.67 and a 1 year high of $30.00. The stock has a fifty day moving average price of $28.59 and a 200 day moving average price of $27.48.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were given a $0.0584 dividend. The ex-dividend date was Monday, June 16th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 0.78%. This is a boost from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.03.

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.