Short interest in iShares U.S. Aerospace & Defense ETF (BATS:ITA) decreased during the last reporting period, falling from 1.61M to 1.59M. This put -% of the company's publicly available shares short.

Based on the recent average volume of 870.77K shares traded per day, it would take 1.82 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.