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

iShares High Yield Muni Active ETF (BATS:HIMU) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 148,108 shares, a growth of 78.3% from the June 30th total of 83,071 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 322,931 shares, the short-interest ratio is presently 0.5 days.

iShares High Yield Muni Active ETF Price Performance

Shares of HIMU stock opened at $48.60 on Friday. The firm has a 50 day moving average of $49.12 and a two-hundred day moving average of $48.85. iShares High Yield Muni Active ETF has a 52 week low of $47.06 and a 52 week high of $49.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Arkadios Wealth Advisors raised its position in iShares High Yield Muni Active ETF by 14.5% in the 1st quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock valued at $635,000 after purchasing an additional 1,673 shares in the last quarter. Bessemer Group Inc. purchased a new stake in shares of iShares High Yield Muni Active ETF during the first quarter worth approximately $144,000. Manning & Napier Advisors LLC purchased a new stake in shares of iShares High Yield Muni Active ETF during the first quarter worth approximately $255,000. Ascentis Independent Advisors acquired a new stake in iShares High Yield Muni Active ETF in the first quarter valued at approximately $33,000. Finally, Janney Montgomery Scott LLC raised its holdings in iShares High Yield Muni Active ETF by 5.0% in the first quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after acquiring an additional 5,757 shares in the last quarter.

iShares High Yield Muni Active ETF Company Profile

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.