iShares High Yield Muni Active ETF (BATS:HIMU) Sees Large Growth in Short Interest

iShares High Yield Muni Active ETF (BATS:HIMU) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 296,039 shares, a growth of 110.3% from the September 15th total of 140,798 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 1,134,744 shares, the days-to-cover ratio is currently 0.3 days.

iShares High Yield Muni Active ETF Stock Up 0.5%

BATS:HIMU opened at $45.74 on Wednesday. iShares High Yield Muni Active ETF has a 1-year low of $44.85 and a 1-year high of $49.94. The company has a 50-day moving average of $47.12 and a 200 day moving average of $48.22.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

Several large investors have recently modified their holdings of the business. Central Bank & Trust Co. bought a new stake in shares of iShares High Yield Muni Active ETF in the 3rd quarter valued at about $775,000. Versant Capital Management Inc grew its position in shares of iShares High Yield Muni Active ETF by 109.6% in the 3rd quarter. Versant Capital Management Inc now owns 2,591 shares of the company’s stock worth $118,000 after buying an additional 1,355 shares during the last quarter. Arkadios Wealth Advisors grew its position in shares of iShares High Yield Muni Active ETF by 14.5% in the 1st quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock worth $635,000 after buying an additional 1,673 shares during the last quarter. Bessemer Group Inc. purchased a new position in shares of iShares High Yield Muni Active ETF in the 1st quarter worth approximately $144,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Muni Active ETF during the 1st quarter worth approximately $255,000.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.