Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Drops By 59.7%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 16,171 shares, a decline of 59.7% from the December 31st total of 40,119 shares. Based on an average daily trading volume, of 64,355 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 64,355 shares, the days-to-cover ratio is currently 0.3 days.

iShares Total Return Active ETF Price Performance

Shares of BRTR stock opened at $51.02 on Thursday. iShares Total Return Active ETF has a 12-month low of $48.59 and a 12-month high of $51.61. The firm has a fifty day moving average of $50.94 and a 200-day moving average of $50.84. The company has a market capitalization of $533.16 million, a price-to-earnings ratio of 22.72 and a beta of 0.19.

iShares Total Return Active ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Greatmark Investment Partners Inc. lifted its stake in iShares Total Return Active ETF by 69.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after acquiring an additional 2,825 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares Total Return Active ETF by 6,507.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after purchasing an additional 2,733 shares during the last quarter. Ethos Financial Group LLC bought a new position in iShares Total Return Active ETF in the fourth quarter valued at $2,314,000. Finally, Flow Traders U.S. LLC grew its position in iShares Total Return Active ETF by 186.4% in the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after purchasing an additional 35,420 shares in the last quarter.

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.