iShares High Yield Muni Active ETF (BATS:HIMU) Stock Short Interest Rises 2,655.7%

iShares High Yield Muni Active ETF (BATS:HIMU) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,281,271 shares, an increase of 2,655.7% from the October 15th total of 46,495 shares. Based on an average trading volume of 967,126 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.1% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

A number of institutional investors and hedge funds have recently modified their holdings of HIMU. Quadrant Capital Group LLC acquired a new position in iShares High Yield Muni Active ETF in the 3rd quarter worth approximately $44,913,000. Central Bank & Trust Co. acquired a new stake in iShares High Yield Muni Active ETF during the 3rd quarter valued at approximately $775,000. Arkadios Wealth Advisors boosted its holdings in shares of 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 acquiring an additional 1,673 shares during the last quarter. Thoroughbred Financial Services LLC purchased a new stake in shares of iShares High Yield Muni Active ETF in the 3rd quarter valued at $480,000. Finally, Morton Brown Family Wealth LLC purchased a new stake in shares of iShares High Yield Muni Active ETF in the 3rd quarter valued at $268,000.

iShares High Yield Muni Active ETF Trading Up 0.3%

iShares High Yield Muni Active ETF stock opened at $47.51 on Thursday. The business’s 50-day simple moving average is $46.52 and its two-hundred day simple moving average is $48.20. iShares High Yield Muni Active ETF has a fifty-two week low of $44.85 and a fifty-two week high of $49.94.

About iShares High Yield Muni Active ETF

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.