iShares Defense Industrials Active ETF (NASDAQ:IDEF) Sees Large Increase in Short Interest

iShares Defense Industrials Active ETF (NASDAQ:IDEFGet Free Report) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 116,385,961 shares, a growth of 607,469.2% from the February 26th total of 19,156 shares. Approximately 6,612.8% of the company’s shares are sold short. Based on an average trading volume of 8,926,075 shares, the days-to-cover ratio is currently 13.0 days.

iShares Defense Industrials Active ETF Trading Up 1.8%

Shares of NASDAQ:IDEF opened at $34.18 on Thursday. iShares Defense Industrials Active ETF has a 12 month low of $24.97 and a 12 month high of $36.88. The firm’s 50-day moving average is $35.19 and its 200 day moving average is $32.57.

About iShares Defense Industrials Active ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares Defense Industrials Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Defense Industrials Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.