Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Drops By 59.7%

iShares Total Return Active ETF (NASDAQ:BRTR) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 16,171 shares, a decline of 59.7% from the December 31st total of 40,119 shares. Based on an average trading volume of 64,355 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 64,355 shares, the days-to-cover ratio is currently 0.3 days.

iShares Total Return Active ETF Price Performance

Shares of NASDAQ BRTR opened at $51.04 on Friday. The stock has a market capitalization of $533.37 million, a price-to-earnings ratio of 22.72 and a beta of 0.19. The firm’s 50 day simple moving average is $50.94 and its 200-day simple moving average is $50.84. iShares Total Return Active ETF has a 12 month low of $48.59 and a 12 month high of $51.61.

iShares Total Return Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.1938 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Friday, December 19th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BRTR. Farther Finance Advisors LLC grew its position in shares of iShares Total Return Active ETF by 6,507.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after acquiring an additional 2,733 shares during the period. Greatmark Investment Partners Inc. boosted its position in iShares Total Return Active ETF by 15.3% during the second quarter. Greatmark Investment Partners Inc. now owns 5,015 shares of the company’s stock worth $253,000 after purchasing an additional 665 shares in the last quarter. Ethos Financial Group LLC acquired a new stake in iShares Total Return Active ETF in the fourth quarter valued at approximately $2,314,000. Finally, Flow Traders U.S. LLC increased its position in shares of iShares Total Return Active ETF by 186.4% in the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after buying an additional 35,420 shares in the last quarter.

About iShares Total Return Active ETF

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.