Short Interest in iShares Defense Industrials Active ETF (NASDAQ:IDEF) Declines By 97.5%

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 19,156 shares, a decline of 97.5% from the February 12th total of 767,142 shares. Based on an average daily trading volume, of 22,257 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.1% of the company’s shares are sold short. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 22,257 shares, the days-to-cover ratio is currently 0.9 days.

iShares Defense Industrials Active ETF Price Performance

IDEF traded down $0.41 during mid-day trading on Tuesday, hitting $35.72. 76,800 shares of the stock were exchanged, compared to its average volume of 70,357. The firm’s fifty day moving average is $34.91 and its two-hundred day moving average is $32.16. iShares Defense Industrials Active ETF has a 1-year low of $24.97 and a 1-year high of $36.88.

iShares Defense Industrials Active ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.0523 per share. The ex-dividend date was Tuesday, December 16th.

iShares Defense Industrials Active ETF Company Profile

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.