iShares Total Return Active ETF (NASDAQ:BRTR) Stock Short Interest Report for October

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 47,653 shares, a drop of 63.0% from the September 30th total of 128,760 shares. Based on an average daily volume of 187,726 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

iShares Total Return Active ETF Stock Up 0.3%

NASDAQ:BRTR traded up $0.14 during midday trading on Friday, reaching $48.67. The stock had a trading volume of 115,117 shares, compared to its average volume of 101,494. The stock has a market cap of $851.81 million, a P/E ratio of 22.72 and a beta of 0.18. The firm has a fifty day simple moving average of $48.55 and a two-hundred day simple moving average of $49.88. iShares Total Return Active ETF has a 12-month low of $47.52 and a 12-month high of $51.68.

iShares Total Return Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1905 dividend. This is a drop from iShares Total Return Active ETF’s previous monthly dividend of $0.1948. The ex-dividend date was Thursday, October 1st. This represents a $2.29 annualized dividend and a dividend yield of 4.7%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Arkadios Wealth Advisors increased its position in iShares Total Return Active ETF by 242.1% during the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after purchasing an additional 195,923 shares during the period. Ethos Financial Group LLC grew its stake in shares of iShares Total Return Active ETF by 92.5% during the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after purchasing an additional 42,141 shares during the period. Finally, Greatmark Investment Partners Inc. acquired a new position in shares of iShares Total Return Active ETF during the 3rd quarter worth $310,000.

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.