iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Growth in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 63,621 shares, an increase of 293.4% from the January 15th total of 16,171 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 65,219 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 65,219 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.6% of the shares of the stock are sold short.

iShares Total Return Active ETF Trading Up 0.3%

BRTR stock traded up $0.16 during mid-day trading on Thursday, hitting $51.23. The stock had a trading volume of 62,517 shares, compared to its average volume of 65,776. iShares Total Return Active ETF has a 52 week low of $48.59 and a 52 week high of $51.61. The firm has a fifty day simple moving average of $50.90 and a 200 day simple moving average of $50.90. The firm has a market capitalization of $537.92 million, a P/E ratio of 22.72 and a beta of 0.19.

iShares Total Return Active ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.1879 dividend. The ex-dividend date was Monday, February 2nd. This is a boost from iShares Total Return Active ETF’s previous dividend of $0.18.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BRTR. Farther Finance Advisors LLC grew its position in iShares Total Return Active ETF by 6,507.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares in the last quarter. Greatmark Investment Partners Inc. grew its holdings in iShares Total Return Active ETF by 15.3% in the 2nd quarter. Greatmark Investment Partners Inc. now owns 5,015 shares of the company’s stock worth $253,000 after acquiring an additional 665 shares during the last quarter. Ethos Financial Group LLC purchased a new stake in iShares Total Return Active ETF in the 4th quarter worth approximately $2,314,000. Flow Traders U.S. LLC boosted its stake in iShares Total Return Active ETF by 186.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after purchasing an additional 35,420 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Total Return Active ETF by 1,406.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after purchasing an additional 3,018,219 shares during the last quarter.

About iShares Total Return Active ETF

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.