iShares Defense Industrials Active ETF (NASDAQ:IDEF) Short Interest Up 161.4% in June

iShares Defense Industrials Active ETF (NASDAQ:IDEF) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 244,420 shares, a growth of 161.4% from the June 15th total of 93,488 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 805,861 shares, the days-to-cover ratio is currently 0.3 days.

iShares Defense Industrials Active ETF Trading Up 0.2%

Shares of NASDAQ IDEF traded up $0.05 on Wednesday, reaching $31.55. 623,354 shares of the company traded hands, compared to its average volume of 1,304,512. iShares Defense Industrials Active ETF has a fifty-two week low of $28.01 and a fifty-two week high of $36.88. The company has a 50 day moving average of $32.49 and a 200 day moving average of $33.72.

iShares Defense Industrials Active ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.0542 dividend. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares Defense Industrials Active ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vision Retirement LLC acquired a new position in shares of iShares Defense Industrials Active ETF in the 1st quarter valued at $31,000. AdvisorNet Financial Inc purchased a new stake in shares of iShares Defense Industrials Active ETF during the 1st quarter valued at $51,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Defense Industrials Active ETF during the 1st quarter worth $126,000. EverSource Wealth Advisors LLC acquired a new stake in shares of iShares Defense Industrials Active ETF during the 1st quarter worth $239,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of iShares Defense Industrials Active ETF in the 1st quarter worth $571,000.

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.