iShares High Yield Active ETF (NASDAQ:BRHY – Get 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
About iShares High Yield Active ETF
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
- Five stocks we like better than iShares High Yield Active ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for iShares High Yield Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares High Yield Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
