Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Increases By 159.3%

iShares High Yield Active ETF (NASDAQ:BRHYGet Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 5,267 shares, an increase of 159.3% from the June 15th total of 2,031 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 24,387 shares, the short-interest ratio is currently 0.2 days.

iShares High Yield Active ETF Stock Performance

iShares High Yield Active ETF stock opened at $50.93 on Tuesday. iShares High Yield Active ETF has a 1 year low of $49.88 and a 1 year high of $53.16. The firm has a 50 day moving average price of $50.97 and a 200 day moving average price of $51.09. The company has a market cap of $132.42 million, a price-to-earnings ratio of 14.81 and a beta of 0.21.

iShares High Yield Active ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.2572 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 6.1%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHYFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned 0.22% of iShares High Yield Active ETF at the end of the most recent quarter.

About iShares High Yield Active ETF

(Get Free Report)

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.

See Also

Receive News & Ratings for iShares High Yield Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares High Yield Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.