iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Update

iShares High Yield Active ETF (NASDAQ:BRHY) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,100 shares, an increase of 16.7% from the February 13th total of 1,800 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 1.9 days.

iShares High Yield Active ETF Trading Down 0.1 %

iShares High Yield Active ETF stock opened at $50.68 on Wednesday. iShares High Yield Active ETF has a 12-month low of $50.35 and a 12-month high of $52.20. The firm has a market capitalization of $101.36 million and a price-to-earnings ratio of 17.24. The firm has a 50 day moving average of $51.10 and a 200 day moving average of $51.32.

iShares High Yield Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.2601 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares High Yield Active ETF stock. Anchor Investment Management LLC purchased a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,214 shares of the company’s stock, valued at approximately $62,000. Anchor Investment Management LLC owned 0.06% of iShares High Yield Active ETF as of its most recent SEC filing.

iShares High Yield Active ETF Company Profile

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.