Short Interest in iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) Decreases By 70.0%

iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 1,252 shares, a drop of 70.0% from the April 15th total of 4,174 shares. Based on an average daily trading volume, of 2,019 shares, the short-interest ratio is currently 0.6 days. Approximately 0.5% of the company’s stock are sold short.

iShares Long-Term U.S. Equity Active ETF Stock Performance

iShares Long-Term U.S. Equity Active ETF stock remained flat at $40.06 during midday trading on Friday. The company’s stock had a trading volume of 1,071 shares, compared to its average volume of 1,373. The stock’s fifty day moving average is $35.38 and its 200-day moving average is $34.53. The stock has a market cap of $9.21 million, a P/E ratio of 38.22 and a beta of 1.45. iShares Long-Term U.S. Equity Active ETF has a one year low of $30.21 and a one year high of $40.18.

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

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.