Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Rises By 350.0%

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,700 shares, a growth of 350.0% from the November 30th total of 600 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 2.3 days.

iShares High Yield Active ETF Stock Performance

iShares High Yield Active ETF stock traded down $0.05 during mid-day trading on Friday, hitting $50.53. 1,119 shares of the stock were exchanged, compared to its average volume of 1,411. The firm’s fifty day moving average price is $51.34. iShares High Yield Active ETF has a 12 month low of $50.35 and a 12 month high of $52.20.

iShares High Yield Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.4342 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.