iShares Defense Industrials Active ETF (NASDAQ:IDEF – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 104,455 shares, a decrease of 78.0% from the August 15th total of 474,921 shares. Based on an average trading volume of 389,769 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. Vision Retirement LLC purchased a new position in iShares Defense Industrials Active ETF in the first quarter worth $31,000. AdvisorNet Financial Inc purchased a new stake in iShares Defense Industrials Active ETF in the first quarter valued at about $51,000. NBH Bank acquired a new stake in iShares Defense Industrials Active ETF in the second quarter worth about $57,000. KERR FINANCIAL PLANNING Corp acquired a new stake in iShares Defense Industrials Active ETF in the first quarter worth about $126,000. Finally, Continuum Advisory LLC purchased a new stake in shares of iShares Defense Industrials Active ETF during the second quarter worth about $184,000.
iShares Defense Industrials Active ETF Trading Up 0.6%
Shares of NASDAQ:IDEF traded up $0.19 on Friday, reaching $31.63. The company had a trading volume of 442,519 shares, compared to its average volume of 1,103,231. iShares Defense Industrials Active ETF has a 52-week low of $28.54 and a 52-week high of $36.88. The firm’s 50 day simple moving average is $32.94 and its 200-day simple moving average is $33.35.
About iShares Defense Industrials Active ETF
BlackRock ETF Trust – iShares Defense Industrials Active ETF is an exchange traded fund launched by BlackRock, Inc It is managed by by BlackRock Fund Advisors. It is co managed by BlackRock International Limited. It invests in public equity markets of global region. The fund invests directly and through derivatives in stocks of companies operating across industrials, capital goods, aerospace and defense, construction and engineering, electrical engineering, industrial conglomerates, commercial and professional services sectors.
See Also
- Five stocks we like better than iShares Defense Industrials Active ETF
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
Receive News & Ratings for iShares Defense Industrials Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Defense Industrials Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
