BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) Short Interest Update

BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 4,900 shares, a growth of 4,800.0% from the August 15th total of 100 shares. Based on an average trading volume of 4,900 shares, the days-to-cover ratio is presently 1.0 days.

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. bought a new position in BlackRock U.S. Industry Rotation ETF (NASDAQ:INRO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 Stock Performance

NASDAQ:INRO traded down $0.01 during trading hours on Thursday, hitting $25.86. The stock had a trading volume of 2,394 shares, compared to its average volume of 481. The firm has a 50 day moving average price of $25.96. The stock has a market cap of $9.31 million, a P/E ratio of 24.72 and a beta of 1.49. BlackRock U.S. Industry Rotation ETF has a one year low of $23.35 and a one year high of $27.13.

About BlackRock U.S. Industry Rotation ETF

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.