iShares High Yield Muni Active ETF (BATS:HIMU) Sees Large Drop in Short Interest

iShares High Yield Muni Active ETF (BATS:HIMU) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 46,495 shares, a drop of 84.3% from the September 30th total of 296,039 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,605,578 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of iShares High Yield Muni Active ETF

Hedge funds have recently bought and sold shares of the stock. Morton Brown Family Wealth LLC acquired a new position in shares of iShares High Yield Muni Active ETF during the third quarter valued at about $268,000. Quadrant Capital Group LLC bought a new stake in shares of iShares High Yield Muni Active ETF in the third quarter valued at about $44,913,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares High Yield Muni Active ETF in the third quarter valued at about $77,000. Central Bank & Trust Co. acquired a new stake in iShares High Yield Muni Active ETF during the third quarter worth about $775,000. Finally, Versant Capital Management Inc grew its position in iShares High Yield Muni Active ETF by 109.6% during the third quarter. Versant Capital Management Inc now owns 2,591 shares of the company’s stock worth $118,000 after buying an additional 1,355 shares in the last quarter.

iShares High Yield Muni Active ETF Stock Performance

Shares of iShares High Yield Muni Active ETF stock opened at $47.02 on Tuesday. iShares High Yield Muni Active ETF has a 1 year low of $44.85 and a 1 year high of $49.94. The company’s fifty day simple moving average is $46.78 and its 200-day simple moving average is $48.31.

About iShares High Yield Muni Active ETF

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.