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

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 46,507 shares, a growth of 83.1% from the November 30th total of 25,395 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 353,118 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 353,118 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares Total Return Active ETF

A hedge fund recently raised its stake in iShares Total Return Active ETF stock. Greatmark Investment Partners Inc. raised its stake in iShares Total Return Active ETF (NASDAQ:BRTR) by 15.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,015 shares of the company’s stock after acquiring an additional 665 shares during the quarter. Greatmark Investment Partners Inc. owned about 0.10% of iShares Total Return Active ETF worth $253,000 as of its most recent filing with the Securities and Exchange Commission.

iShares Total Return Active ETF Price Performance

BRTR stock opened at $50.92 on Tuesday. The business has a fifty day moving average price of $51.06 and a 200 day moving average price of $50.71. iShares Total Return Active ETF has a fifty-two week low of $48.59 and a fifty-two week high of $51.61. The stock has a market capitalization of $280.06 million, a price-to-earnings ratio of 22.72 and a beta of 0.19.

iShares Total Return Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.1938 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, December 19th.

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%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.