iShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV) Short Interest Up 86.9% in July
by Amy Steele · The Cerbat GemiShares Self-Driving EV and Tech ETF (NYSEARCA:IDRV – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 3,900 shares, a growth of 86.9% from the July 15th total of 2,087 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 31,941 shares, the short-interest ratio is presently 0.1 days.
iShares Self-Driving EV and Tech ETF Trading Up 1.0%
Shares of NYSEARCA:IDRV traded up $0.37 during trading on Friday, reaching $37.45. 14,185 shares of the stock were exchanged, compared to its average volume of 24,315. iShares Self-Driving EV and Tech ETF has a 12 month low of $34.33 and a 12 month high of $45.64. The firm has a market cap of $138.56 million, a PE ratio of 11.61 and a beta of 1.27. The stock has a 50-day moving average price of $37.60 and a 200-day moving average price of $39.58.
Institutional Trading of iShares Self-Driving EV and Tech ETF
Several institutional investors have recently added to or reduced their stakes in IDRV. Royal Bank of Canada grew its holdings in iShares Self-Driving EV and Tech ETF by 5.3% in the 1st quarter. Royal Bank of Canada now owns 12,460 shares of the company’s stock valued at $364,000 after buying an additional 626 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares Self-Driving EV and Tech ETF by 237.6% during the first quarter. Jones Financial Companies Lllp now owns 26,318 shares of the company’s stock worth $769,000 after buying an additional 18,522 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Self-Driving EV and Tech ETF in the second quarter valued at about $119,000. UBS Group AG boosted its position in shares of iShares Self-Driving EV and Tech ETF by 10.2% in the third quarter. UBS Group AG now owns 54,704 shares of the company’s stock valued at $2,006,000 after acquiring an additional 5,057 shares during the period. Finally, Creative Planning boosted its position in shares of iShares Self-Driving EV and Tech ETF by 14.0% in the third quarter. Creative Planning now owns 8,092 shares of the company’s stock valued at $297,000 after acquiring an additional 994 shares during the period.
About iShares Self-Driving EV and Tech ETF
The iShares Self-Driving EV and Tech ETF (IDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap selected and weighted index of equities related to self-driving vehicles. IDRV was launched on Apr 16, 2019 and is managed by BlackRock.