iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Shares Shorted: Short Interest Up 185.3% in September

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,481 shares, an increase of 185.3% from the August 31st total of 1,921 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 6,411 shares, the short-interest ratio is currently 0.9 days.

iShares U.S. Industry Rotation Active ETF Price Performance

INRO traded up $0.24 during midday trading on Friday, reaching $37.20. 3,079,744 shares of the company’s stock traded hands, compared to its average volume of 61,686. iShares U.S. Industry Rotation Active ETF has a 52 week low of $29.63 and a 52 week high of $37.90. The firm has a fifty day moving average of $36.56 and a two-hundred day moving average of $35.07. The stock has a market capitalization of $37.94 million, a price-to-earnings ratio of 26.96 and a beta of 1.07.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.0543 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04. This represents a $0.22 dividend on an annualized basis and a yield of 0.6%.

About iShares U.S. Industry Rotation Active ETF

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.