iShares Total Return Active ETF (NASDAQ:BRTR) Sees Significant Drop in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 11,600 shares, a decrease of 67.0% from the February 13th total of 35,100 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.4 days.

iShares Total Return Active ETF Stock Down 0.2 %

BRTR opened at $50.06 on Thursday. The stock’s 50 day moving average price is $49.71 and its 200-day moving average price is $50.52. iShares Total Return Active ETF has a one year low of $48.77 and a one year high of $52.60.

iShares Total Return Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1816 per share. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Total Return Active ETF stock. JPMorgan Chase & Co. bought a new stake in shares of iShares Total Return Active ETF (NASDAQ:BRTR) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 199,596 shares of the company’s stock, valued at approximately $10,418,000. JPMorgan Chase & Co. owned about 8.87% of iShares Total Return Active ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares Total Return Active ETF

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%.