Short Interest in BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) Rises By 173.7%

BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 5,200 shares, a growth of 173.7% from the July 15th total of 1,900 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 1.5 days.

BlackRock U.S. Industry Rotation ETF Stock Up 1.5 %

INRO traded up $0.38 on Thursday, reaching $26.00. The company’s stock had a trading volume of 563 shares, compared to its average volume of 481. The company has a market capitalization of $9.36 million, a P/E ratio of 24.72 and a beta of 1.49. BlackRock U.S. Industry Rotation ETF has a fifty-two week low of $23.35 and a fifty-two week high of $27.13. The business has a 50 day simple moving average of $25.92.

BlackRock U.S. Industry Rotation ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.0343 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.53%. The ex-dividend date was Tuesday, June 11th.

Institutional Trading of BlackRock U.S. Industry Rotation ETF

An institutional investor recently bought a new position in BlackRock U.S. Industry Rotation ETF stock. Stonebrook Private Inc. purchased a new stake in shares of BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 69,411 shares of the company’s stock, valued at approximately $1,804,000. Stonebrook Private Inc. owned 19.28% of BlackRock U.S. Industry Rotation ETF at the end of the most recent quarter.

BlackRock U.S. Industry Rotation 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.