iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sees Significant Decrease in Short Interest

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 293,142 shares, a decrease of 27.8% from the November 30th total of 405,863 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,446,604 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,446,604 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares U.S. Equity Factor Rotation Active ETF

Hedge funds have recently made changes to their positions in the business. Cedar Mountain Advisors LLC bought a new stake in iShares U.S. Equity Factor Rotation Active ETF during the 3rd quarter valued at approximately $25,000. Bogart Wealth LLC bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the second quarter valued at approximately $43,000. Root Financial Partners LLC purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the third quarter worth $43,000. Bessemer Group Inc. lifted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 97.8% in the third quarter. Bessemer Group Inc. now owns 880 shares of the company’s stock worth $52,000 after buying an additional 435 shares in the last quarter. Finally, Kentucky Trust Co bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the second quarter worth $57,000.

iShares U.S. Equity Factor Rotation Active ETF Price Performance

Shares of DYNF stock traded down $0.10 during trading hours on Tuesday, reaching $61.25. 1,492,698 shares of the company traded hands, compared to its average volume of 2,393,259. The firm has a 50-day moving average price of $60.48 and a 200 day moving average price of $58.01. The company has a market cap of $29.13 billion, a P/E ratio of 24.23 and a beta of 1.03. iShares U.S. Equity Factor Rotation Active ETF has a 12-month low of $42.10 and a 12-month high of $61.82.

About iShares U.S. Equity Factor Rotation Active ETF

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.