iShares Defense Industrials Active ETF (NASDAQ:IDEF) Sees Significant Drop in Short Interest

iShares Defense Industrials Active ETF (NASDAQ:IDEF) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 1,050 shares, a drop of 53.7% from the December 15th total of 2,266 shares. Based on an average daily trading volume, of 7,798 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 7,798 shares, the days-to-cover ratio is currently 0.1 days.

iShares Defense Industrials Active ETF Stock Performance

NASDAQ IDEF traded up $0.14 on Wednesday, hitting $35.39. 31,293 shares of the stock were exchanged, compared to its average volume of 48,005. The business’s fifty day moving average is $30.84 and its 200 day moving average is $30.30. iShares Defense Industrials Active ETF has a 52 week low of $24.97 and a 52 week high of $35.57.

iShares Defense Industrials Active ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.0523 dividend. The ex-dividend date of this dividend 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.