iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Update

iShares High Yield Active ETF (NASDAQ:BRHY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,108 shares, an increase of 87.4% from the April 30th total of 4,326 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 7,513 shares, the short-interest ratio is currently 1.1 days.

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 iShares High Yield Active ETF (NASDAQ:BRHY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.

iShares High Yield Active ETF Stock Down 0.2%

Shares of NASDAQ BRHY traded down $0.10 during trading on Wednesday, hitting $50.89. 11,175 shares of the company traded hands, compared to its average volume of 15,615. The firm has a market capitalization of $99.24 million, a P/E ratio of 14.81 and a beta of 0.21. The company has a 50-day moving average price of $50.81 and a 200-day moving average price of $51.23. iShares High Yield Active ETF has a 1 year low of $49.88 and a 1 year high of $53.16.

iShares High Yield Active ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.2788 dividend. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend was Friday, May 1st.

About iShares High Yield Active ETF

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.