iShares Defense Industrials Active ETF (NASDAQ:IDEF – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 343,010 shares, a decrease of 59.5% from the April 30th total of 847,402 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 498,838 shares, the short-interest ratio is currently 0.7 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Vision Retirement LLC bought a new position in iShares Defense Industrials Active ETF in the 1st quarter valued at $31,000. AdvisorNet Financial Inc bought a new position in iShares Defense Industrials Active ETF in the 1st quarter valued at $51,000. KERR FINANCIAL PLANNING Corp bought a new position in iShares Defense Industrials Active ETF in the 1st quarter valued at $126,000. EverSource Wealth Advisors LLC bought a new position in iShares Defense Industrials Active ETF in the 1st quarter valued at $239,000. Finally, Arkadios Wealth Advisors bought a new position in iShares Defense Industrials Active ETF in the 1st quarter valued at $571,000.
iShares Defense Industrials Active ETF Stock Down 2.4%
IDEF traded down $0.83 during mid-day trading on Monday, reaching $33.36. The stock had a trading volume of 1,040,787 shares, compared to its average volume of 1,456,177. The firm’s fifty day simple moving average is $33.53 and its two-hundred day simple moving average is $33.23. iShares Defense Industrials Active ETF has a 52 week low of $25.88 and a 52 week high of $36.88.
iShares Defense Industrials Active ETF Company Profile
BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.
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