Short Interest in iShares High Yield Muni Active ETF (BATS:HIMU) Drops By 49.3%

iShares High Yield Muni Active ETF (BATS:HIMU) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 51,294 shares, a drop of 49.3% from the May 31st total of 101,170 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 282,698 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Tolleson Wealth Management Inc. grew its stake in shares of iShares High Yield Muni Active ETF by 12.8% in the second quarter. Tolleson Wealth Management Inc. now owns 464,974 shares of the company’s stock valued at $22,612,000 after buying an additional 52,581 shares in the last quarter. BOKF NA acquired a new position in iShares High Yield Muni Active ETF during the 3rd quarter worth about $37,000. Ameriprise Financial Inc. boosted its holdings in iShares High Yield Muni Active ETF by 81.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 385,541 shares of the company’s stock valued at $18,961,000 after acquiring an additional 173,456 shares during the period. NewEdge Advisors LLC boosted its holdings in iShares High Yield Muni Active ETF by 70.5% during the 3rd quarter. NewEdge Advisors LLC now owns 122,774 shares of the company’s stock valued at $6,039,000 after acquiring an additional 50,759 shares during the period. Finally, Keystone Financial Group grew its position in iShares High Yield Muni Active ETF by 14.5% in the 3rd quarter. Keystone Financial Group now owns 31,311 shares of the company’s stock valued at $1,540,000 after acquiring an additional 3,967 shares in the last quarter.

iShares High Yield Muni Active ETF Trading Up 0.3%

iShares High Yield Muni Active ETF stock opened at $49.82 on Tuesday. iShares High Yield Muni Active ETF has a fifty-two week low of $46.82 and a fifty-two week high of $49.94. The firm has a 50 day moving average price of $48.86 and a 200 day moving average price of $48.78.

About iShares High Yield Muni Active ETF

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.