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

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 767,142 shares, an increase of 4,056.1% from the January 29th total of 18,458 shares. Approximately 43.6% of the company’s stock are sold short. Based on an average daily trading volume, of 101,366 shares, the short-interest ratio is currently 7.6 days. Based on an average daily trading volume, of 101,366 shares, the short-interest ratio is currently 7.6 days. Approximately 43.6% of the company’s stock are sold short.

iShares Defense Industrials Active ETF Price Performance

Shares of IDEF opened at $35.78 on Friday. iShares Defense Industrials Active ETF has a twelve month low of $24.97 and a twelve month high of $36.18. The firm has a 50 day moving average of $34.15 and a 200 day moving average of $31.73.

iShares Defense Industrials Active ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.0523 dividend. The ex-dividend date was Tuesday, December 16th.

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.