iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Short Interest Down 42.1% in August

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,100 shares, a decrease of 42.1% from the August 15th total of 1,900 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 0.6 days.

iShares U.S. Industry Rotation Active ETF Price Performance

INRO stock opened at $31.16 on Friday. iShares U.S. Industry Rotation Active ETF has a 52-week low of $22.67 and a 52-week high of $31.21. The company has a 50-day moving average of $30.01 and a two-hundred day moving average of $27.88. The stock has a market capitalization of $30.54 million, a price-to-earnings ratio of 26.96 and a beta of 1.49.

About iShares U.S. Industry Rotation Active ETF

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.