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

iShares High Yield Active ETF (NASDAQ:BRHYGet Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 19,017 shares, an increase of 261.1% from the June 30th total of 5,267 shares. Based on an average daily trading volume, of 34,857 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.7% of the shares of the company are sold short.

iShares High Yield Active ETF Stock Performance

Shares of BRHY traded up $0.04 during mid-day trading on Friday, hitting $50.75. The company’s stock had a trading volume of 48,243 shares, compared to its average volume of 18,090. The stock’s 50-day moving average is $50.98 and its two-hundred day moving average is $51.06. The firm has a market capitalization of $134.49 million, a PE ratio of 14.81 and a beta of 0.21. iShares High Yield Active ETF has a one year low of $49.88 and a one year high of $53.16.

iShares High Yield Active ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2572 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of iShares High Yield Active ETF

A hedge fund recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. acquired a new position in shares of iShares High Yield Active ETF (NASDAQ:BRHYFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned 0.22% of iShares High Yield Active ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares High Yield Active ETF

(Get Free Report)

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.

Further Reading

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