iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,700 shares, a decrease of 77.9% from the September 15th total of 7,700 shares. Based on an average trading volume of 29,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 29,300 shares, the days-to-cover ratio is presently 0.1 days.
iShares Self-Driving EV and Tech ETF Trading Down 0.5%
iShares Self-Driving EV and Tech ETF stock opened at $36.76 on Friday. The company has a market capitalization of $165.42 million, a PE ratio of 11.61 and a beta of 1.36. iShares Self-Driving EV and Tech ETF has a 12 month low of $24.48 and a 12 month high of $37.92. The stock has a 50-day moving average price of $35.85 and a two-hundred day moving average price of $32.32.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. U.S. Capital Wealth Advisors LLC raised its position in shares of iShares Self-Driving EV and Tech ETF by 29.3% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 19,320 shares of the company’s stock worth $565,000 after acquiring an additional 4,379 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of iShares Self-Driving EV and Tech ETF by 9.0% in the 1st quarter. Wealthfront Advisers LLC now owns 19,081 shares of the company’s stock worth $558,000 after acquiring an additional 1,570 shares in the last quarter. Strategic Advocates LLC raised its position in shares of iShares Self-Driving EV and Tech ETF by 32.0% in the 1st quarter. Strategic Advocates LLC now owns 44,606 shares of the company’s stock worth $1,304,000 after acquiring an additional 10,807 shares in the last quarter. Florin Court Capital LLP bought a new position in shares of iShares Self-Driving EV and Tech ETF in the 1st quarter worth about $391,000. Finally, Royal Bank of Canada raised its position in shares of iShares Self-Driving EV and Tech ETF by 5.3% in the 1st quarter. Royal Bank of Canada now owns 12,460 shares of the company’s stock worth $364,000 after acquiring an additional 626 shares in the last quarter.
About iShares Self-Driving EV and Tech ETF
The iShares Self-Driving EV and Tech ETF (IDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap selected and weighted index of equities related to self-driving vehicles. IDRV was launched on Apr 16, 2019 and is managed by BlackRock.
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