iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Down 90.4% in February

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 2,600 shares, a decrease of 90.4% from the February 13th total of 27,100 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the stock are sold short.

iShares U.S. Industry Rotation Active ETF Stock Performance

NASDAQ:INRO traded up $0.17 during trading hours on Wednesday, hitting $26.18. The company’s stock had a trading volume of 1,061 shares, compared to its average volume of 6,835. iShares U.S. Industry Rotation Active ETF has a 52-week low of $23.35 and a 52-week high of $29.01. The business’s 50-day moving average is $28.12 and its two-hundred day moving average is $27.69. The company has a market capitalization of $18.33 million, a PE ratio of 24.43 and a beta of 1.49.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.0662 dividend. This is a boost from iShares U.S. Industry Rotation Active ETF’s previous dividend of $0.04. The ex-dividend date was Tuesday, December 17th.

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.