iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Update

iShares High Yield Active ETF (NASDAQ:BRHY) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 4,564 shares, a decrease of 42.3% from the November 30th total of 7,916 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 10,142 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 10,142 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. bought a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned 0.22% of iShares High Yield Active ETF at the end of the most recent reporting period.

iShares High Yield Active ETF Stock Up 0.1%

iShares High Yield Active ETF stock traded up $0.05 during midday trading on Friday, reaching $51.43. The stock had a trading volume of 6,904 shares, compared to its average volume of 5,923. The firm has a market capitalization of $79.72 million, a PE ratio of 14.81 and a beta of 0.24. iShares High Yield Active ETF has a 12 month low of $48.27 and a 12 month high of $52.64. The firm’s 50-day moving average price is $51.79 and its 200 day moving average price is $51.78.

iShares High Yield Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.2759 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Friday, December 19th.

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.