iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) Short Interest Up 796.3% in December

iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,219 shares, a growth of 796.3% from the December 15th total of 136 shares. Based on an average daily volume of 811 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 811 shares, the days-to-cover ratio is presently 1.5 days.

iShares Long-Term U.S. Equity Active ETF Stock Performance

Shares of BELT stock opened at $35.06 on Wednesday. iShares Long-Term U.S. Equity Active ETF has a 52 week low of $23.62 and a 52 week high of $35.07. The company’s 50 day moving average price is $33.89 and its two-hundred day moving average price is $33.33. The company has a market capitalization of $8.76 million, a P/E ratio of 38.22 and a beta of 1.26.

About iShares Long-Term U.S. Equity Active ETF

The iShares Long-Term U.S. Equity Active ETF (BELT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital growth by investing in US equities of any market capitalization. BELT was launched on Jun 17, 2024 and is issued by BlackRock.