Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Decreases By 20.7%

iShares High Yield Active ETF (NASDAQ:BRHY) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 10,273 shares, a decrease of 20.7% from the January 29th total of 12,960 shares. Based on an average daily trading volume, of 13,925 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,925 shares, the short-interest ratio is currently 0.7 days.

iShares High Yield Active ETF Stock Down 0.2%

Shares of NASDAQ BRHY opened at $50.90 on Wednesday. The stock’s 50-day simple moving average is $51.54 and its two-hundred day simple moving average is $51.79. iShares High Yield Active ETF has a twelve month low of $48.27 and a twelve month high of $52.64. The firm has a market capitalization of $86.53 million, a P/E ratio of 14.81 and a beta of 0.24.

iShares High Yield Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be issued a dividend of $0.2665 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Monday, March 2nd.

Hedge Funds Weigh In On iShares High Yield Active ETF

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. acquired a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned about 0.22% of iShares High Yield Active ETF at the end of the most recent quarter.

About iShares High Yield Active ETF

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.