iShares FinTech Active ETF (NYSEARCA:BPAY – Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 9,243 shares, a decrease of 23.7% from the December 31st total of 12,113 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 2,338 shares, the days-to-cover ratio is presently 4.0 days. Based on an average daily trading volume, of 2,338 shares, the days-to-cover ratio is presently 4.0 days. Currently, 2.6% of the shares of the company are short sold.
iShares FinTech Active ETF Price Performance
Shares of NYSEARCA:BPAY traded down $0.58 during trading on Friday, hitting $25.69. The company’s stock had a trading volume of 2,178 shares, compared to its average volume of 3,094. The firm has a market cap of $9.25 million, a price-to-earnings ratio of 19.83 and a beta of 1.30. The company has a 50-day moving average of $27.97 and a 200-day moving average of $30.63. iShares FinTech Active ETF has a 12 month low of $20.66 and a 12 month high of $34.69.
Institutional Investors Weigh In On iShares FinTech Active ETF
A hedge fund recently bought a new stake in iShares FinTech Active ETF stock. Sunbelt Securities Inc. bought a new position in iShares FinTech Active ETF (NYSEARCA:BPAY – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm bought 2,753 shares of the company’s stock, valued at approximately $88,000. Sunbelt Securities Inc. owned approximately 0.76% of iShares FinTech Active ETF as of its most recent SEC filing.
About iShares FinTech Active ETF
The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares FinTech Active ETF
- Stock market legend warns: “An Ominous Day Is Coming for the Markets…”
- Gold’s getting scarce.
- Trump’s Final Shocking Act Begins February 24
- Become a 2x better options trader (in 2 days)
- NEW: Gold makes history
Receive News & Ratings for iShares FinTech Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares FinTech Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
