iShares High Yield Active ETF (NASDAQ:BRHY) Sees Large Increase in Short Interest

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a large increase in short interest in 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. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 1.9 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares High Yield Active ETF

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Anchor Investment Management LLC purchased a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,214 shares of the company’s stock, valued at approximately $62,000. Anchor Investment Management LLC owned 0.06% of iShares High Yield Active ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares High Yield Active ETF Trading Up 0.0 %

BRHY stock opened at $50.91 on Friday. The firm has a market cap of $101.82 million and a P/E ratio of 17.24. iShares High Yield Active ETF has a 12-month low of $50.35 and a 12-month high of $52.20. The stock’s 50 day simple moving average is $51.10 and its 200 day simple moving average is $51.32.

iShares High Yield Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2601 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares High Yield Active ETF Company Profile

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.