iShares Floating Rate Loan Active ETF (BATS:BRLN) Shares Shorted: Short Interest Down 88.9% in September

iShares Floating Rate Loan Active ETF (BATS:BRLN) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 487 shares, a decrease of 88.9% from the August 31st total of 4,383 shares. Based on an average trading volume of 5,605 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Floating Rate Loan Active ETF

A hedge fund recently raised its position in iShares Floating Rate Loan Active ETF stock. Aventus Investment Advisors Inc. lifted its stake in iShares Floating Rate Loan Active ETF (BATS:BRLN) by 4.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,041 shares of the company’s stock after purchasing an additional 623 shares during the quarter. iShares Floating Rate Loan Active ETF accounts for about 0.6% of Aventus Investment Advisors Inc.’s investment portfolio, making the stock its 26th largest holding. Aventus Investment Advisors Inc. owned 1.22% of iShares Floating Rate Loan Active ETF worth $713,000 as of its most recent filing with the Securities & Exchange Commission.

iShares Floating Rate Loan Active ETF Price Performance

BRLN opened at $50.72 on Friday. The business has a fifty day simple moving average of $50.76 and a 200-day simple moving average of $50.81. iShares Floating Rate Loan Active ETF has a fifty-two week low of $50.10 and a fifty-two week high of $52.12.

About iShares Floating Rate Loan Active ETF

The BlackRock Floating Rate Loan ETF (BRLN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide current income and capital appreciation by actively investing in floating rate loans of any credit quality from around the globe. BRLN was launched on Oct 4, 2022 and is managed by BlackRock.