Short Interest in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Drops By 87.6%

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,836 shares, a decline of 87.6% from the May 31st total of 47,212 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 28,211 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC bought a new stake in shares of U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,084 shares of the company’s stock, valued at approximately $26,000. EverSource Wealth Advisors LLC owned about 0.12% of U.S. Global Technology and Aerospace & Defense ETF as of its most recent filing with the Securities & Exchange Commission.

U.S. Global Technology and Aerospace & Defense ETF Stock Performance

WAR stock traded down $0.07 during mid-day trading on Friday, reaching $32.07. 5,454 shares of the stock traded hands, compared to its average volume of 27,937. U.S. Global Technology and Aerospace & Defense ETF has a one year low of $22.40 and a one year high of $36.16. The stock has a market capitalization of $28.86 million, a PE ratio of 28.42 and a beta of 1.65. The business has a 50-day moving average price of $31.92 and a two-hundred day moving average price of $27.50.

About U.S. Global Technology and Aerospace & Defense ETF

The U.S. Global Technology and Aerospace & Defense ETF (WAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in Technology and Aerospace & Defense companies with a focus on innovations related to national defense. The fund aims for capital growth. WAR was launched on Dec 30, 2024 and is issued by US Global Investors.