iShares High Yield Active ETF (NASDAQ:BRHY – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 19,017 shares, a growth of 261.1% from the June 30th total of 5,267 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 34,857 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Trading of iShares High Yield Active ETF
A hedge fund recently bought a new stake in iShares High Yield Active ETF stock. Sunbelt Securities Inc. bought a new stake in iShares High Yield Active ETF (NASDAQ:BRHY – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 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 as of its most recent SEC filing.
iShares High Yield Active ETF Trading Up 0.1%
iShares High Yield Active ETF stock traded up $0.04 on Friday, reaching $50.75. 48,243 shares of the stock were exchanged, compared to its average volume of 18,090. iShares High Yield Active ETF has a twelve month low of $49.88 and a twelve month high of $53.16. The firm has a fifty day moving average price of $50.98 and a two-hundred day moving average price of $51.06. The stock has a market cap of $134.49 million, a PE ratio of 14.81 and a beta of 0.21.
iShares High Yield Active ETF Announces Dividend
iShares High Yield Active ETF Company Profile
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.
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