Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Rises By 16.7%

iShares High Yield Active ETF (NASDAQ:BRHYGet Free Report) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,100 shares, an increase of 16.7% from the February 13th total of 1,800 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 1.9 days.

iShares High Yield Active ETF Price Performance

Shares of BRHY opened at $50.68 on Wednesday. The company’s fifty day moving average price is $51.10 and its 200-day moving average price is $51.32. iShares High Yield Active ETF has a 1-year low of $50.35 and a 1-year high of $52.20. The firm has a market capitalization of $101.36 million and a PE ratio of 17.24.

iShares High Yield Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2601 per share. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares High Yield Active ETF stock. Anchor Investment Management LLC bought a new stake in iShares High Yield Active ETF (NASDAQ:BRHYFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,214 shares of the company’s stock, valued at approximately $62,000. Anchor Investment Management LLC owned about 0.06% of iShares High Yield Active ETF as of its most recent SEC filing.

iShares High Yield Active ETF Company Profile

(Get Free Report)

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.

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