iShares Defense Industrials Active ETF (NASDAQ:IDEF) Stock Short Interest Rises 81.8%

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 189,902 shares, a growth of 81.8% from the August 31st total of 104,455 shares. Based on an average daily volume of 500,137 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of iShares Defense Industrials Active ETF

Several large investors have recently bought and sold shares of the company. NBH Bank bought a new position in shares of iShares Defense Industrials Active ETF in the 2nd quarter worth approximately $57,000. Continuum Advisory LLC bought a new stake in shares of iShares Defense Industrials Active ETF during the second quarter valued at approximately $184,000. Tsfg LLC purchased a new stake in iShares Defense Industrials Active ETF in the second quarter worth $3,656,000. Atlatl Advisers LLC lifted its position in iShares Defense Industrials Active ETF by 18.6% during the second quarter. Atlatl Advisers LLC now owns 7,528 shares of the company’s stock valued at $239,000 after buying an additional 1,178 shares during the period. Finally, Vision Retirement LLC lifted its position in iShares Defense Industrials Active ETF by 355.6% during the second quarter. Vision Retirement LLC now owns 4,292 shares of the company’s stock valued at $136,000 after buying an additional 3,350 shares during the period.

iShares Defense Industrials Active ETF Trading Down 0.3%

Shares of IDEF traded down $0.10 during trading hours on Tuesday, reaching $31.34. 831,701 shares of the company traded hands, compared to its average volume of 1,262,909. The company’s fifty day moving average price is $32.93 and its two-hundred day moving average price is $33.02. iShares Defense Industrials Active ETF has a 12 month low of $28.54 and a 12 month high of $36.88.

About iShares Defense Industrials Active ETF

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.