BlackRock Total Return ETF (NASDAQ:BRTR) Short Interest Up 10.1% in August

BlackRock Total Return ETF (NASDAQ:BRTR) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 22,900 shares, an increase of 10.1% from the August 15th total of 20,800 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is presently 2.0 days.

BlackRock Total Return ETF Stock Performance

BlackRock Total Return ETF stock traded down $0.15 during midday trading on Wednesday, hitting $52.35. 9,383 shares of the company were exchanged, compared to its average volume of 9,429. BlackRock Total Return ETF has a fifty-two week low of $49.08 and a fifty-two week high of $52.60. The company’s fifty day moving average price is $51.50 and its 200-day moving average price is $50.46.

BlackRock Total Return ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2037 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in BlackRock Total Return ETF stock. Taylor & Morgan Wealth Management LLC boosted its position in BlackRock Total Return ETF (NASDAQ:BRTR) by 82.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,553 shares of the company’s stock after buying an additional 17,446 shares during the quarter. BlackRock Total Return ETF accounts for approximately 1.4% of Taylor & Morgan Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Taylor & Morgan Wealth Management LLC owned about 2.20% of BlackRock Total Return ETF worth $1,934,000 at the end of the most recent quarter.