iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Update

iShares High Yield Active ETF (NASDAQ:BRHY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 4,564 shares, a drop of 42.3% from the November 30th total of 7,916 shares. Based on an average trading volume of 10,142 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 10,142 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares High Yield Active ETF

A hedge fund recently bought a new stake in iShares High Yield Active ETF stock. Sunbelt Securities Inc. purchased a new stake in iShares High Yield Active ETF (NASDAQ:BRHY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned approximately 0.22% of iShares High Yield Active ETF as of its most recent filing with the Securities and Exchange Commission.

iShares High Yield Active ETF Price Performance

Shares of NASDAQ:BRHY traded up $0.05 during trading on Friday, reaching $51.43. 6,904 shares of the stock were exchanged, compared to its average volume of 5,923. iShares High Yield Active ETF has a 1-year low of $48.27 and a 1-year high of $52.64. The stock has a fifty day moving average of $51.79 and a two-hundred day moving average of $51.78. The firm has a market cap of $79.72 million, a price-to-earnings ratio of 14.81 and a beta of 0.24.

iShares High Yield Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.2759 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend was Friday, December 19th.

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.