iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,235 shares, a growth of 72.5% from the September 15th total of 716 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 11,620 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of iShares U.S. Tech Breakthrough Multisector ETF
A hedge fund recently raised its stake in iShares U.S. Tech Breakthrough Multisector ETF stock. Farther Finance Advisors LLC boosted its holdings in iShares U.S. Tech Breakthrough Multisector ETF (NYSEARCA:TECB – Free Report) by 28.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,237 shares of the company’s stock after acquiring an additional 1,385 shares during the period. Farther Finance Advisors LLC owned 0.10% of iShares U.S. Tech Breakthrough Multisector ETF worth $492,000 at the end of the most recent reporting period.
iShares U.S. Tech Breakthrough Multisector ETF Stock Up 0.4%
Shares of iShares U.S. Tech Breakthrough Multisector ETF stock traded up $0.30 during mid-day trading on Thursday, hitting $78.73. The stock had a trading volume of 4,716 shares, compared to its average volume of 12,926. The firm has a 50-day moving average of $76.85 and a two-hundred day moving average of $70.69. iShares U.S. Tech Breakthrough Multisector ETF has a 12-month low of $53.33 and a 12-month high of $80.61. The firm has a market cap of $515.70 million, a P/E ratio of 30.82 and a beta of 1.25.
iShares U.S. Tech Breakthrough Multisector ETF Company Profile
The iShares U.S. Tech Breakthrough Multisector ETF (TECB) is an exchange-traded fund that is based on the NYSE FactSet U.S. Tech Breakthrough index. The fund tracks an index of US equities that could benefit from breakthrough technologies, modified market cap weighted. TECB was launched on Jan 8, 2020 and is managed by BlackRock.
See Also
- Five stocks we like better than iShares U.S. Tech Breakthrough Multisector ETF
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
Receive News & Ratings for iShares U.S. Tech Breakthrough Multisector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Tech Breakthrough Multisector ETF and related companies with MarketBeat.com's FREE daily email newsletter.
