iShares Floating Rate Loan Active ETF (BATS:BRLN – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,482 shares, a growth of 233.0% from the October 15th total of 445 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,728 shares, the short-interest ratio is currently 0.2 days.
iShares Floating Rate Loan Active ETF Stock Down 0.3%
BATS:BRLN opened at $50.58 on Thursday. The firm’s fifty day moving average is $50.57 and its two-hundred day moving average is $50.78. iShares Floating Rate Loan Active ETF has a one year low of $49.32 and a one year high of $51.95.
iShares Floating Rate Loan Active ETF Company Profile
The BlackRock Floating Rate Loan ETF (BRLN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide current income and capital appreciation by actively investing in floating rate loans of any credit quality from around the globe. BRLN was launched on Oct 4, 2022 and is managed by BlackRock.
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