iShares Total Return Active ETF (NASDAQ:BRTR) Shares Shorted: Short Interest Up 133.9% in September

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 128,760 shares, an increase of 133.9% from the September 15th total of 55,048 shares. Based on an average daily volume of 148,030 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.8% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares Total Return Active ETF

A hedge fund recently raised its position in iShares Total Return Active ETF stock. Arkadios Wealth Advisors increased its stake in iShares Total Return Active ETF (NASDAQ:BRTR) by 242.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 276,840 shares of the company’s stock after acquiring an additional 195,923 shares during the period. Arkadios Wealth Advisors owned approximately 2.49% of iShares Total Return Active ETF worth $13,895,000 at the end of the most recent reporting period.

iShares Total Return Active ETF Stock Performance

Shares of BRTR stock opened at $47.93 on Thursday. iShares Total Return Active ETF has a fifty-two week low of $47.52 and a fifty-two week high of $51.68. The company has a 50 day moving average price of $48.80 and a 200 day moving average price of $49.62. The stock has a market capitalization of $817.21 million, a P/E ratio of 22.72 and a beta of 0.18.

iShares Total Return Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.1905 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.29 annualized dividend and a yield of 4.8%. This is a drop from iShares Total Return Active ETF’s previous monthly dividend of $0.1948.

iShares Total Return Active ETF Company Profile

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.