iShares FinTech Active ETF (NYSEARCA:BPAY) Short Interest Update

iShares FinTech Active ETF (NYSEARCA:BPAY) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 2,160 shares, a decline of 82.6% from the January 29th total of 12,438 shares. Based on an average daily volume of 2,973 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 2,973 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares FinTech Active ETF stock. Sunbelt Securities Inc. acquired a new position in shares of iShares FinTech Active ETF (NYSEARCA:BPAY) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,753 shares of the company’s stock, valued at approximately $88,000. Sunbelt Securities Inc. owned approximately 0.76% of iShares FinTech Active ETF at the end of the most recent reporting period.

iShares FinTech Active ETF Stock Up 2.0%

Shares of iShares FinTech Active ETF stock traded up $0.46 on Wednesday, hitting $23.90. 175 shares of the company’s stock traded hands, compared to its average volume of 3,210. The stock has a market cap of $8.60 million, a P/E ratio of 19.83 and a beta of 1.30. The firm’s 50-day moving average is $26.25 and its 200 day moving average is $29.50. iShares FinTech Active ETF has a 52-week low of $20.66 and a 52-week high of $34.69.

iShares FinTech Active ETF Company Profile

The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.