iShares High Yield Muni Active ETF (BATS:HIMU) Sees Large Growth in Short Interest

iShares High Yield Muni Active ETF (BATS:HIMU) was the recipient of 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 daily volume of 967,126 shares, the short-interest ratio is currently 1.3 days. Currently, 2.1% of the company’s stock are short sold.

iShares High Yield Muni Active ETF Stock Down 0.5%

BATS HIMU traded down $0.22 during trading hours on Tuesday, hitting $47.38. The company had a trading volume of 1,045,688 shares, compared to its average volume of 612,499. iShares High Yield Muni Active ETF has a fifty-two week low of $44.85 and a fifty-two week high of $49.94. The firm’s 50 day moving average is $46.54 and its 200 day moving average is $48.21.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Thoroughbred Financial Services LLC purchased a new stake in shares of iShares High Yield Muni Active ETF during the 3rd quarter valued at about $480,000. Harbour Investments Inc. purchased a new position in iShares High Yield Muni Active ETF in the 3rd quarter worth approximately $215,000. Morton Brown Family Wealth LLC purchased a new position in iShares High Yield Muni Active ETF in the 3rd quarter worth approximately $268,000. Quadrant Capital Group LLC acquired a new stake in iShares High Yield Muni Active ETF in the third quarter valued at approximately $44,913,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares High Yield Muni Active ETF in the third quarter valued at approximately $77,000.

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.