iShares High Yield Active ETF (NASDAQ:BRHY) Shares Shorted: Short Interest Down 82.7% in October

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 727 shares, a decline of 82.7% from the September 30th total of 4,209 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 21,683 shares, the short-interest ratio is currently 0.0 days.

iShares High Yield Active ETF Trading Down 0.0%

Shares of iShares High Yield Active ETF stock traded down $0.01 during trading hours on Wednesday, reaching $49.59. The stock had a trading volume of 11,044 shares, compared to its average volume of 18,730. The firm has a market capitalization of $131.43 million, a price-to-earnings ratio of 14.81 and a beta of 0.23. The firm has a 50 day simple moving average of $50.01 and a two-hundred day simple moving average of $50.78. iShares High Yield Active ETF has a 1 year low of $48.86 and a 1 year high of $53.16.

iShares High Yield Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.2599 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.12 annualized dividend and a dividend yield of 6.3%. This is a decrease from iShares High Yield Active ETF’s previous monthly dividend of $0.2723.

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.