iShares FinTech Active ETF (NYSEARCA:BPAY) Sees Significant Increase in Short Interest

iShares FinTech Active ETF (NYSEARCA:BPAY – Get Free Report) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,942 shares, an increase of 1,466.1% from the October 15th total of 124 shares. Based on an average trading volume of 2,318 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s shares are short sold.

iShares FinTech Active ETF Stock Up 0.8%

Shares of BPAY stock traded up $0.21 during trading hours on Wednesday, hitting $24.74. 1,177 shares of the company were exchanged, compared to its average volume of 2,190. The firm has a fifty day moving average of $25.32 and a 200 day moving average of $24.99. iShares FinTech Active ETF has a 1 year low of $21.33 and a 1 year high of $30.16. The firm has a market cap of $8.90 million, a PE ratio of 15.77 and a beta of 1.27.

About iShares FinTech Active ETF

(Get Free Report)

The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.

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