iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) Sees Significant Decline in Short Interest

iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELTGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 757 shares, a decrease of 48.7% from the May 14th total of 1,475 shares. Based on an average daily trading volume, of 1,915 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold.

iShares Long-Term U.S. Equity Active ETF Stock Up 0.5%

Shares of BELT traded up $0.19 during mid-day trading on Friday, reaching $38.75. The company had a trading volume of 4,593 shares, compared to its average volume of 1,482. iShares Long-Term U.S. Equity Active ETF has a 52-week low of $30.76 and a 52-week high of $40.18. The stock has a market capitalization of $8.91 million, a P/E ratio of 38.22 and a beta of 1.41. The stock has a 50 day moving average of $37.86 and a two-hundred day moving average of $35.27.

About iShares Long-Term U.S. Equity Active ETF

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The iShares Long-Term U.S. Equity Active ETF (BELT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital growth by investing in US equities of any market capitalization. BELT was launched on Jun 17, 2024 and is issued by BlackRock.

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