Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Declines By 92.1%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 59,656 shares, a decrease of 92.1% from the May 31st total of 756,797 shares. Based on an average trading volume of 71,153 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.5% of the company’s shares are sold short.

iShares Total Return Active ETF Trading Up 0.0%

iShares Total Return Active ETF stock traded up $0.02 during trading on Thursday, hitting $50.42. The company had a trading volume of 58,380 shares, compared to its average volume of 93,634. iShares Total Return Active ETF has a 1-year low of $49.50 and a 1-year high of $51.68. The company’s 50 day simple moving average is $50.19 and its 200-day simple moving average is $50.58. The stock has a market cap of $559.66 million, a price-to-earnings ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.166 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 1st.

Institutional Investors Weigh In On iShares Total Return Active ETF

A number of institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors raised its holdings in shares of iShares Total Return Active ETF by 242.1% in the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock valued at $13,895,000 after buying an additional 195,923 shares during the period. Ethos Financial Group LLC boosted its holdings in iShares Total Return Active ETF by 92.5% during the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock valued at $4,402,000 after acquiring an additional 42,141 shares during the period. Ameriflex Group Inc. acquired a new position in iShares Total Return Active ETF in the 4th quarter valued at about $51,000. JPMorgan Chase & Co. grew its position in iShares Total Return Active ETF by 1,406.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after acquiring an additional 3,018,219 shares in the last quarter. Finally, Greatmark Investment Partners Inc. increased its stake in iShares Total Return Active ETF by 69.9% during the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after purchasing an additional 2,825 shares during the period.

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%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.