Short Interest in U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) Increases By 104.0%

U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 72,396 shares, a growth of 104.0% from the April 30th total of 35,496 shares. Based on an average trading volume of 34,544 shares, the days-to-cover ratio is presently 2.1 days. Currently, 8.0% of the company’s stock are sold short.

U.S. Global Technology and Aerospace & Defense ETF Price Performance

NYSEARCA WAR opened at $36.02 on Wednesday. U.S. Global Technology and Aerospace & Defense ETF has a 12 month low of $22.25 and a 12 month high of $36.16. The company has a market capitalization of $32.42 million, a price-to-earnings ratio of 28.42 and a beta of 1.52. The company’s fifty day moving average price is $28.91 and its two-hundred day moving average price is $26.38.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global Technology and Aerospace & Defense ETF stock. EverSource Wealth Advisors LLC acquired a new stake in shares of U.S. Global Technology and Aerospace & Defense ETF (NYSEARCA:WAR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,084 shares of the company’s stock, valued at approximately $26,000. EverSource Wealth Advisors LLC owned about 0.12% of U.S. Global Technology and Aerospace & Defense ETF at the end of the most recent reporting period.

U.S. Global Technology and Aerospace & Defense ETF Company Profile

The U.S. Global Technology and Aerospace & Defense ETF (WAR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in Technology and Aerospace & Defense companies with a focus on innovations related to national defense. The fund aims for capital growth. WAR was launched on Dec 30, 2024 and is issued by US Global Investors.