Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Rises By 195.2%

iShares High Yield Active ETF (NASDAQ:BRHY) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 6,200 shares, a growth of 195.2% from the March 15th total of 2,100 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 3.9 days. Currently, 0.3% of the company’s stock are short sold.

iShares High Yield Active ETF Stock Up 0.2 %

Shares of NASDAQ:BRHY traded up $0.11 during trading on Wednesday, reaching $49.62. The stock had a trading volume of 251 shares, compared to its average volume of 1,539. iShares High Yield Active ETF has a 52 week low of $48.27 and a 52 week high of $52.20. The firm has a market capitalization of $99.24 million and a price-to-earnings ratio of 17.31. The stock has a fifty day simple moving average of $50.63 and a two-hundred day simple moving average of $51.06.

iShares High Yield Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.2728 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.27 dividend on an annualized basis and a yield of 6.60%.

Institutional Trading of iShares High Yield Active ETF

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Anchor Investment Management LLC acquired a new position in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,214 shares of the company’s stock, valued at approximately $62,000. Anchor Investment Management LLC owned 0.06% of iShares High Yield Active ETF as of its most recent SEC filing.

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.