iShares Defense Industrials Active ETF (NASDAQ:IDEF) Sees Significant Increase in Short Interest

iShares Defense Industrials Active ETF (NASDAQ:IDEF) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 27,600 shares, a growth of 168.0% from the August 31st total of 10,300 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is presently 1.5 days.

iShares Defense Industrials Active ETF Stock Up 0.5%

Shares of NASDAQ IDEF opened at $32.21 on Friday. iShares Defense Industrials Active ETF has a 1-year low of $24.97 and a 1-year high of $32.38. The stock has a 50-day moving average of $29.74.

About iShares Defense Industrials Active ETF

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.