iShares High Yield Active ETF (NASDAQ:BRHY) Stock Short Interest Report for September

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 4,209 shares, a decrease of 76.4% from the September 15th total of 17,815 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,665 shares, the short-interest ratio is currently 0.4 days.

iShares High Yield Active ETF Price Performance

BRHY opened at $49.38 on Friday. The company’s 50 day simple moving average is $50.40 and its 200-day simple moving average is $50.72. The stock has a market capitalization of $138.26 million, a P/E ratio of 14.81 and a beta of 0.23. iShares High Yield Active ETF has a one year low of $48.86 and a one year high of $53.16.

iShares High Yield Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.2599 per share. This represents a $3.12 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares High Yield Active ETF’s previous monthly dividend of $0.2723.

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.