iShares Defense Industrials Active ETF (NASDAQ:IDEF) Sees Large Drop in Short Interest

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 104,455 shares, a decrease of 78.0% from the August 15th total of 474,921 shares. Based on an average daily volume of 389,769 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

iShares Defense Industrials Active ETF Stock Down 0.9%

Shares of IDEF stock opened at $31.44 on Friday. iShares Defense Industrials Active ETF has a 12-month low of $28.54 and a 12-month high of $36.88. The stock’s 50-day moving average price is $32.97 and its 200-day moving average price is $33.37.

Institutional Trading of iShares Defense Industrials Active ETF

Several hedge funds have recently modified their holdings of IDEF. NBH Bank bought a new position in shares of iShares Defense Industrials Active ETF during the 2nd quarter valued at approximately $57,000. Continuum Advisory LLC bought a new stake in iShares Defense Industrials Active ETF in the second quarter worth $184,000. Tsfg LLC purchased a new stake in iShares Defense Industrials Active ETF during the second quarter valued at $3,656,000. Atlatl Advisers LLC raised its stake 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 purchasing an additional 1,178 shares in the last quarter. 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 purchasing an additional 3,350 shares during the last quarter.

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.