iShares Blockchain and Tech ETF (NYSEARCA:IBLC) Short Interest Update

iShares Blockchain and Tech ETF (NYSEARCA:IBLC) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 4,430 shares, a decrease of 16.3% from the March 31st total of 5,291 shares. Based on an average daily volume of 20,695 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

iShares Blockchain and Tech ETF Stock Performance

NYSEARCA:IBLC opened at $44.96 on Friday. The company has a market capitalization of $83.18 million, a P/E ratio of 24.74 and a beta of 3.23. iShares Blockchain and Tech ETF has a 12 month low of $27.06 and a 12 month high of $68.77. The firm has a fifty day simple moving average of $40.88 and a 200-day simple moving average of $45.94.

Institutional Trading of iShares Blockchain and Tech ETF

Several large investors have recently added to or reduced their stakes in IBLC. James Investment Research Inc. acquired a new position in shares of iShares Blockchain and Tech ETF in the first quarter valued at about $423,000. Osaic Holdings Inc. boosted its position in iShares Blockchain and Tech ETF by 1.1% in the fourth quarter. Osaic Holdings Inc. now owns 32,880 shares of the company’s stock valued at $1,345,000 after buying an additional 352 shares during the last quarter. MML Investors Services LLC increased its holdings in iShares Blockchain and Tech ETF by 75.0% in the 4th quarter. MML Investors Services LLC now owns 9,023 shares of the company’s stock worth $369,000 after buying an additional 3,867 shares during the period. Arax Advisory Partners purchased a new position in iShares Blockchain and Tech ETF during the 4th quarter worth approximately $31,000. Finally, Jane Street Group LLC boosted its holdings in shares of iShares Blockchain and Tech ETF by 2,193.7% in the 4th quarter. Jane Street Group LLC now owns 92,300 shares of the company’s stock valued at $3,776,000 after acquiring an additional 88,276 shares during the last quarter.

iShares Blockchain and Tech ETF Company Profile

The iShares Blockchain and Tech ETF (IBLC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies that are involved in the development, innovation, and utilisation of blockchain and crypto technologies. Constituents are selected based on their total revenue related to the target theme, and are weighted based on free-float market cap. IBLC was launched on Apr 25, 2022 and is managed by BlackRock.