Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Increases By 2,367.5%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 756,797 shares, an increase of 2,367.5% from the May 14th total of 30,670 shares. Currently, 6.8% of the company’s shares are sold short. Based on an average trading volume of 324,295 shares, the days-to-cover ratio is currently 2.3 days.

iShares Total Return Active ETF Stock Performance

Shares of BRTR opened at $49.96 on Wednesday. The firm has a market cap of $554.56 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a fifty-two week low of $49.50 and a fifty-two week high of $51.68. The firm has a 50 day moving average price of $50.19 and a 200-day moving average price of $50.66.

iShares Total Return Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.166 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, June 1st.

Institutional Investors Weigh In On iShares Total Return Active ETF

A number of hedge funds have recently made changes to their positions in the business. Arkadios Wealth Advisors lifted its holdings in shares of iShares Total Return Active ETF by 242.1% in the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after acquiring an additional 195,923 shares during the last quarter. Ethos Financial Group LLC lifted its holdings in shares of iShares Total Return Active ETF by 92.5% in the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after acquiring an additional 42,141 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of iShares Total Return Active ETF in the fourth quarter worth $51,000. JPMorgan Chase & Co. increased its stake in shares of iShares Total Return Active ETF by 1,406.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after buying an additional 3,018,219 shares during the period. Finally, Greatmark Investment Partners Inc. increased its stake in shares of iShares Total Return Active ETF by 69.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after buying an additional 2,825 shares during the period.

iShares Total Return Active ETF Company Profile

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.