iShares Blockchain and Tech ETF (NYSEARCA:IBLC) Short Interest Update

iShares Blockchain and Tech ETF (NYSEARCA:IBLC) saw a significant decrease in short interest in April. As of April 15th, there was short interest totaling 4,430 shares, a decrease of 16.3% from the March 31st total of 5,291 shares. Based on an average daily trading volume, of 20,695 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares Blockchain and Tech ETF

A number of large investors have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. grew its position in iShares Blockchain and Tech ETF by 2.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 11,403 shares of the company’s stock worth $632,000 after acquiring an additional 266 shares during the last quarter. HHM Wealth Advisors LLC grew its position in iShares Blockchain and Tech ETF by 123.8% during the 3rd quarter. HHM Wealth Advisors LLC now owns 593 shares of the company’s stock worth $33,000 after acquiring an additional 328 shares during the last quarter. Osaic Holdings Inc. grew its position in iShares Blockchain and Tech ETF by 1.1% during the 4th quarter. Osaic Holdings Inc. now owns 32,880 shares of the company’s stock worth $1,345,000 after acquiring an additional 352 shares during the last quarter. Arax Advisory Partners bought a new stake in iShares Blockchain and Tech ETF during the 4th quarter worth approximately $31,000. Finally, Strategic Advocates LLC bought a new stake in iShares Blockchain and Tech ETF during the 3rd quarter worth approximately $55,000.

iShares Blockchain and Tech ETF Trading Up 1.5%

IBLC stock traded up $0.67 during mid-day trading on Friday, reaching $45.63. 13,624 shares of the stock traded hands, compared to its average volume of 26,852. The stock’s fifty day moving average is $40.88 and its 200-day moving average is $45.94. iShares Blockchain and Tech ETF has a 52-week low of $27.06 and a 52-week high of $68.77. The company has a market cap of $84.42 million, a P/E ratio of 24.74 and a beta of 3.14.

About iShares Blockchain and Tech ETF

The iShares Blockchain and Tech ETF (IBLC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies that are involved in the development, innovation, and utilisation of blockchain and crypto technologies. Constituents are selected based on their total revenue related to the target theme, and are weighted based on free-float market cap. IBLC was launched on Apr 25, 2022 and is managed by BlackRock.