iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Stock Short Interest Climbs 2,745.5%

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 155,964 shares, a growth of 2,745.5% from the September 15th total of 5,481 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 1,130,671 shares, the short-interest ratio is currently 0.1 days.

iShares U.S. Industry Rotation Active ETF Stock Up 0.6%

INRO stock opened at $37.53 on Friday. iShares U.S. Industry Rotation Active ETF has a 12-month low of $29.63 and a 12-month high of $37.90. The company has a market cap of $491.64 million, a price-to-earnings ratio of 26.96 and a beta of 1.06. The company has a 50 day moving average of $36.88 and a two-hundred day moving average of $35.48.

iShares U.S. Industry Rotation Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a $0.0543 dividend. This represents a $0.22 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 15th. This is an increase from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04.

iShares U.S. Industry Rotation Active ETF Company Profile

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.