iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Update

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 15,500 shares, a growth of 124.6% from the December 31st total of 6,900 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is currently 4.3 days.

iShares U.S. Industry Rotation Active ETF Stock Performance

NASDAQ INRO traded down $0.15 on Friday, reaching $28.48. The company’s stock had a trading volume of 1,407 shares, compared to its average volume of 4,265. iShares U.S. Industry Rotation Active ETF has a twelve month low of $23.35 and a twelve month high of $28.93. The stock has a market cap of $19.37 million, a PE ratio of 24.72 and a beta of 1.49. The firm’s 50 day moving average is $28.37 and its two-hundred day moving average is $27.23.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.0662 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares U.S. Industry Rotation Active ETF’s previous dividend of $0.04.

iShares U.S. Industry Rotation Active ETF Company Profile

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.