iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sees Significant Decline in Short Interest

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 445,142 shares, a decrease of 24.0% from the February 12th total of 586,077 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,325,344 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 4,325,344 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares U.S. Equity Factor Rotation Active ETF Price Performance

Shares of DYNF stock traded down $0.33 during trading hours on Friday, reaching $59.22. 11,326,777 shares of the company traded hands, compared to its average volume of 5,544,598. iShares U.S. Equity Factor Rotation Active ETF has a 12-month low of $42.10 and a 12-month high of $62.41. The company has a market cap of $30.89 billion, a P/E ratio of 24.23 and a beta of 1.03. The firm has a 50-day moving average price of $61.04 and a 200 day moving average price of $60.14.

Institutional Investors Weigh In On iShares U.S. Equity Factor Rotation Active ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DYNF. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Equity Factor Rotation Active ETF by 7.0% during the fourth quarter. JPMorgan Chase & Co. now owns 24,492,775 shares of the company’s stock valued at $1,489,406,000 after purchasing an additional 1,594,565 shares in the last quarter. First Command Advisory Services Inc. increased its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 0.5% in the fourth quarter. First Command Advisory Services Inc. now owns 22,637,020 shares of the company’s stock worth $1,376,557,000 after purchasing an additional 115,739 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock valued at $724,896,000 after purchasing an additional 3,227,607 shares during the period. Janney Montgomery Scott LLC raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 1.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 4,787,660 shares of the company’s stock valued at $291,138,000 after purchasing an additional 78,873 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 7.7% during the 4th quarter. Bank of New York Mellon Corp now owns 4,024,819 shares of the company’s stock valued at $244,749,000 after buying an additional 287,555 shares in the last quarter.

iShares U.S. Equity Factor Rotation Active ETF Company Profile

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.