Short Interest in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Decreases By 51.0%

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 310,504 shares, a decrease of 51.0% from the July 15th total of 633,336 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,950,059 shares, the short-interest ratio is currently 0.2 days.

iShares U.S. Equity Factor Rotation Active ETF Stock Performance

DYNF stock traded down $0.07 during midday trading on Monday, reaching $70.16. 1,561,006 shares of the company were exchanged, compared to its average volume of 3,737,283. The company has a market cap of $40.11 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02. iShares U.S. Equity Factor Rotation Active ETF has a 1-year low of $56.02 and a 1-year high of $70.51. The stock’s 50-day simple moving average is $67.66 and its 200 day simple moving average is $64.23.

Institutional Investors Weigh In On iShares U.S. Equity Factor Rotation Active ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.3% in the second quarter. Ameriprise Financial Inc. now owns 9,021,544 shares of the company’s stock valued at $491,331,000 after buying an additional 2,354,023 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares U.S. Equity Factor Rotation Active ETF by 7.0% in the 4th quarter. JPMorgan Chase & Co. now owns 24,492,775 shares of the company’s stock valued at $1,489,406,000 after acquiring an additional 1,594,565 shares during the period. BlueStem Wealth Partners LLC purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter valued at approximately $71,412,000. United Capital Financial Advisors LLC raised its stake in iShares U.S. Equity Factor Rotation Active ETF by 18.0% during the 3rd quarter. United Capital Financial Advisors LLC now owns 2,059,852 shares of the company’s stock valued at $121,943,000 after acquiring an additional 314,721 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in iShares U.S. Equity Factor Rotation Active ETF by 7.7% during the 4th quarter. Bank of New York Mellon Corp now owns 4,024,819 shares of the company’s stock worth $244,749,000 after acquiring an additional 287,555 shares during the period.

iShares U.S. Equity Factor Rotation Active ETF Company Profile

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.