iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Increase in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 756,797 shares, a growth of 2,367.5% from the May 14th total of 30,670 shares. Based on an average daily volume of 324,295 shares, the short-interest ratio is presently 2.3 days. Currently, 6.8% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several hedge funds and other institutional investors have recently modified their holdings of BRTR. Flow Traders U.S. LLC lifted its holdings in shares of iShares Total Return Active ETF by 186.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after purchasing an additional 35,420 shares in the last quarter. Ethos Financial Group LLC bought a new stake in iShares Total Return Active ETF during the 4th quarter valued at $2,314,000. Farther Finance Advisors LLC raised its holdings in iShares Total Return Active ETF by 6,507.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. raised its holdings 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 buying an additional 2,825 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of iShares Total Return Active ETF by 1,406.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after buying an additional 3,018,219 shares in the last quarter.

iShares Total Return Active ETF Price Performance

Shares of BRTR traded up $0.08 during trading hours on Tuesday, hitting $49.96. The stock had a trading volume of 82,591 shares, compared to its average volume of 97,207. The firm has a 50 day simple moving average of $50.19 and a 200-day simple moving average of $50.66. The firm has a market capitalization of $554.56 million, a P/E ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a 1-year low of $49.50 and a 1-year high of $51.68.

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 issued a $0.166 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

iShares Total Return Active ETF Company Profile

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.