iShares Total Return Active ETF (NASDAQ:BRTR) Sees Significant Growth in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 15,600 shares, an increase of 44.4% from the March 31st total of 10,800 shares. Based on an average daily trading volume, of 31,600 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s shares are short sold.

iShares Total Return Active ETF Stock Performance

Shares of BRTR opened at $50.18 on Wednesday. iShares Total Return Active ETF has a 1 year low of $48.59 and a 1 year high of $52.60. The company’s 50 day simple moving average is $49.97 and its 200 day simple moving average is $49.99. The company has a market capitalization of $195.70 million and a price-to-earnings ratio of 22.52.

iShares Total Return Active ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.222 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 5.31%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.20.

Institutional Investors Weigh In On iShares Total Return Active ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in iShares Total Return Active ETF in the third quarter valued at $10,418,000. Jones Financial Companies Lllp increased its stake in shares of iShares Total Return Active ETF by 2,783.7% during the 4th quarter. Jones Financial Companies Lllp now owns 8,680 shares of the company’s stock valued at $428,000 after acquiring an additional 8,379 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. purchased a new position in shares of iShares Total Return Active ETF during the 1st quarter worth about $797,000.

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%.