Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Decreases By 60.2%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 14,200 shares, a decline of 60.2% from the September 15th total of 35,700 shares. Based on an average daily volume of 47,500 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 47,500 shares, the short-interest ratio is presently 0.3 days.

iShares Total Return Active ETF Trading Up 0.3%

BRTR opened at $51.46 on Tuesday. iShares Total Return Active ETF has a 1-year low of $48.59 and a 1-year high of $51.47. The company has a market cap of $265.02 million and a P/E ratio of 22.72. The company has a fifty day moving average price of $50.87 and a two-hundred day moving average price of $50.18.

iShares Total Return Active ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.2078 dividend. This represents a c) annualized dividend and a yield of 4.8%. This is an increase from iShares Total Return Active ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Wednesday, October 1st.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Greatmark Investment Partners Inc. increased its stake in iShares Total Return Active ETF by 15.3% in the second quarter. Greatmark Investment Partners Inc. now owns 5,015 shares of the company’s stock valued at $253,000 after purchasing an additional 665 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in iShares Total Return Active ETF in the first quarter valued at $992,000. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in iShares Total Return Active ETF in the first quarter valued at $797,000.

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%.