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

iShares High Yield Active ETF (NASDAQ:BRHYGet Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 3,639 shares, a growth of 161.0% from the March 15th total of 1,394 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,226 shares, the days-to-cover ratio is currently 0.9 days.

iShares High Yield Active ETF Price Performance

Shares of NASDAQ:BRHY opened at $50.78 on Friday. The business has a fifty day moving average price of $50.93 and a two-hundred day moving average price of $51.49. The company has a market capitalization of $99.02 million, a PE ratio of 14.81 and a beta of 0.26. iShares High Yield Active ETF has a 1 year low of $49.00 and a 1 year high of $52.64.

iShares High Yield Active ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a $0.2716 dividend. This is an increase from iShares High Yield Active ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 6.4%.

Hedge Funds Weigh In On 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 shares of iShares High Yield Active ETF (NASDAQ:BRHYFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

About iShares High Yield Active ETF

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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.

Further Reading

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