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

iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 757 shares, a decline of 48.7% from the May 14th total of 1,475 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 1,915 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of NASDAQ BELT traded up $1.07 during midday trading on Monday, hitting $39.82. 6,711 shares of the stock traded hands, compared to its average volume of 1,528. The business has a 50 day moving average price of $37.86 and a two-hundred day moving average price of $35.28. The company has a market cap of $9.16 million, a PE ratio of 38.22 and a beta of 1.41. iShares Long-Term U.S. Equity Active ETF has a one year low of $30.76 and a one year high of $40.18.

iShares Long-Term U.S. Equity Active ETF Company Profile

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.