Short Interest in iShares U.S. Manufacturing ETF (NYSEARCA:MADE) Grows By 315.9%

iShares U.S. Manufacturing ETF (NYSEARCA:MADE) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 17,327 shares, a growth of 315.9% from the June 15th total of 4,166 shares. Based on an average daily volume of 19,893 shares, the short-interest ratio is currently 0.9 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Trading of iShares U.S. Manufacturing ETF

Large investors have recently bought and sold shares of the business. Breachway Investments LLC bought a new position in iShares U.S. Manufacturing ETF in the fourth quarter valued at about $360,000. WealthCare Investment Partners LLC lifted its holdings in shares of iShares U.S. Manufacturing ETF by 105.6% in the fourth quarter. WealthCare Investment Partners LLC now owns 19,062 shares of the company’s stock worth $610,000 after acquiring an additional 9,791 shares during the last quarter. Allegheny Financial Group bought a new position in shares of iShares U.S. Manufacturing ETF in the first quarter worth about $304,000. Kestra Private Wealth Services LLC acquired a new stake in shares of iShares U.S. Manufacturing ETF in the 1st quarter valued at approximately $261,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of iShares U.S. Manufacturing ETF by 58.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 17,125 shares of the company’s stock valued at $455,000 after purchasing an additional 6,295 shares in the last quarter.

iShares U.S. Manufacturing ETF Stock Up 0.4%

Shares of MADE stock traded up $0.14 during trading hours on Friday, reaching $37.62. The company’s stock had a trading volume of 10,263 shares, compared to its average volume of 22,444. iShares U.S. Manufacturing ETF has a fifty-two week low of $26.84 and a fifty-two week high of $39.68. The firm’s 50 day simple moving average is $37.68 and its 200-day simple moving average is $35.66. The company has a market capitalization of $63.20 million, a price-to-earnings ratio of 20.18 and a beta of 1.13.

iShares U.S. Manufacturing ETF Company Profile

The iShares U.S. Manufacturing ETF (MADE) is an exchange-traded fund that is based on the S&P U.S. Manufacturing Select index. The fund is passively managed to invest in US equity securities that derive revenues from manufacturing and manufacturing-related sectors. The fund optimizes the portfolio by setting weight limits for select sectors. MADE was launched on Jul 17, 2024 and is issued by BlackRock.