Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Grows By 93.2%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 117,276 shares, a growth of 93.2% from the June 30th total of 60,709 shares. Based on an average daily trading volume, of 61,584 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.8% of the shares of the stock are sold short.

iShares Total Return Active ETF Stock Down 0.3%

iShares Total Return Active ETF stock traded down $0.16 during midday trading on Friday, reaching $49.42. 27,828 shares of the stock traded hands, compared to its average volume of 87,871. The stock’s fifty day moving average is $50.00 and its 200-day moving average is $50.41. iShares Total Return Active ETF has a 12 month low of $49.42 and a 12 month high of $51.68. The stock has a market cap of $731.42 million, a P/E ratio of 22.72 and a beta of 0.16.

iShares Total Return Active ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.1914 dividend. This is a boost from iShares Total Return Active ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new position in iShares Total Return Active ETF during the 4th quarter valued at $51,000. Farther Finance Advisors LLC raised its stake in iShares Total Return Active ETF by 6,507.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares in the last quarter. Greatmark Investment Partners Inc. lifted its holdings in iShares Total Return Active ETF by 69.9% during 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. Ethos Financial Group LLC purchased a new stake in iShares Total Return Active ETF during the fourth quarter worth $2,314,000. Finally, Arkadios Wealth Advisors bought a new position in shares of iShares Total Return Active ETF in the 4th quarter worth $4,109,000.

About iShares Total Return Active ETF

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.