iShares Technology Opportunities Active ETF (NYSEARCA:TEK) Stock Short Interest Falls 44.4%
by Jessica Moore · The Cerbat GemiShares Technology Opportunities Active ETF (NYSEARCA:TEK – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 2,899 shares, a decline of 44.4% from the August 31st total of 5,211 shares. Based on an average trading volume of 3,594 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the company’s shares are sold short.
iShares Technology Opportunities Active ETF Trading Up 0.4%
Shares of NYSEARCA TEK traded up $0.17 during trading hours on Thursday, reaching $40.72. The stock had a trading volume of 2,427 shares, compared to its average volume of 5,242. iShares Technology Opportunities Active ETF has a 52-week low of $26.72 and a 52-week high of $43.85. The firm has a market cap of $43.98 million, a price-to-earnings ratio of 43.98 and a beta of 2.02. The business’s fifty day moving average price is $38.50 and its two-hundred day moving average price is $37.34.
iShares Technology Opportunities Active ETF Company Profile
The iShares Technology Opportunities Active ETF (TEK) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, investing in US and non-US technology companies across all market capitalizations. The fund aims for long-term growth of capital, focusing on firms with rapid growth potential in the industry TEK was launched on Oct 21, 2024 and is issued by BlackRock.
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