Short Interest in iShares Defense Industrials Active ETF (NASDAQ:IDEF) Rises By 250.4%

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 856,448 shares, an increase of 250.4% from the June 30th total of 244,420 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 645,123 shares, the short-interest ratio is presently 1.3 days.

iShares Defense Industrials Active ETF Stock Performance

NASDAQ:IDEF traded down $0.02 during trading hours on Tuesday, hitting $32.38. The company’s stock had a trading volume of 194,214 shares, compared to its average volume of 1,255,589. The stock has a fifty day moving average of $32.25 and a 200-day moving average of $33.71. iShares Defense Industrials Active ETF has a 52-week low of $28.01 and a 52-week high of $36.88.

iShares Defense Industrials Active ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.0542 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares Defense Industrials Active ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vision Retirement LLC purchased a new position in iShares Defense Industrials Active ETF in the first quarter valued at approximately $31,000. AdvisorNet Financial Inc purchased a new stake in shares of iShares Defense Industrials Active ETF during the 1st quarter worth approximately $51,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Defense Industrials Active ETF during the 1st quarter worth approximately $126,000. Atlatl Advisers LLC boosted its holdings in shares of iShares Defense Industrials Active ETF by 18.6% in the 2nd quarter. Atlatl Advisers LLC now owns 7,528 shares of the company’s stock valued at $239,000 after buying an additional 1,178 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of iShares Defense Industrials Active ETF in the 1st quarter valued at $239,000.

iShares Defense Industrials Active ETF Company Profile

BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.