iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Short Interest Update

iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 88,299 shares, an increase of 1,519.3% from the May 31st total of 5,453 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 172,651 shares, the days-to-cover ratio is currently 0.5 days.

iShares Cybersecurity and Tech ETF Trading Up 0.7%

Shares of IHAK traded up $0.38 during trading hours on Thursday, reaching $55.12. The stock had a trading volume of 119,201 shares, compared to its average volume of 183,010. iShares Cybersecurity and Tech ETF has a 12 month low of $40.97 and a 12 month high of $61.26. The firm has a 50-day simple moving average of $52.94 and a 200 day simple moving average of $48.64. The company has a market capitalization of $870.90 million, a price-to-earnings ratio of 26.03 and a beta of 0.82.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IHAK. Sava Penzisko Drushtvo A.D. Skopje bought a new stake in shares of iShares Cybersecurity and Tech ETF during the third quarter worth about $16,709,000. Jane Street Group LLC lifted its position in iShares Cybersecurity and Tech ETF by 268.9% in the 4th quarter. Jane Street Group LLC now owns 88,948 shares of the company’s stock valued at $4,280,000 after acquiring an additional 64,835 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in iShares Cybersecurity and Tech ETF during the 1st quarter valued at about $2,084,000. NorthRock Partners LLC boosted its stake in iShares Cybersecurity and Tech ETF by 24,940.1% during the 3rd quarter. NorthRock Partners LLC now owns 36,809 shares of the company’s stock valued at $1,926,000 after purchasing an additional 36,662 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in iShares Cybersecurity and Tech ETF by 534.8% during the 1st quarter. Private Advisor Group LLC now owns 31,291 shares of the company’s stock worth $1,366,000 after purchasing an additional 26,362 shares in the last quarter.

iShares Cybersecurity and Tech ETF Company Profile

The iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund that is based on the NYSE FactSet Global Cyber Security index. The fund tracks a market cap-selected and -weighted index of large- and mid-cap companies involved in cyber hardware and software. IHAK was launched on Jun 11, 2019 and is managed by BlackRock.