Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Increases By 69.5%

iShares High Yield Active ETF (NASDAQ:BRHY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,738 shares, an increase of 69.5% from the December 15th total of 4,564 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 7,220 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 7,220 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the shares of the company are short sold.

iShares High Yield Active ETF Stock Down 0.0%

Shares of BRHY stock opened at $51.68 on Thursday. iShares High Yield Active ETF has a 12 month low of $48.27 and a 12 month high of $52.64. The firm has a market cap of $85.27 million, a PE ratio of 14.81 and a beta of 0.24. The stock has a 50 day moving average of $51.64 and a 200-day moving average of $51.80.

iShares High Yield Active ETF Cuts Dividend

The business also recently announced 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) annualized dividend and a yield of 6.4%. The ex-dividend date was Friday, December 19th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. acquired a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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 filing with the Securities & Exchange Commission.

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.