iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Increase in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 117,276 shares, an increase of 93.2% from the June 30th total of 60,709 shares. Based on an average daily trading volume, of 61,584 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.8% of the shares of the company are short sold.

iShares Total Return Active ETF Stock Performance

Shares of iShares Total Return Active ETF stock opened at $49.53 on Thursday. iShares Total Return Active ETF has a 1 year low of $49.42 and a 1 year high of $51.68. The company’s fifty day moving average is $50.01 and its two-hundred day moving average is $50.42. The company has a market capitalization of $733.04 million, a P/E ratio of 22.72 and a beta of 0.16.

iShares Total Return Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.1914 per share. The ex-dividend date was Wednesday, July 1st. This is an increase from iShares Total Return Active ETF’s previous dividend of $0.19.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Ameriflex Group Inc. purchased a new position in iShares Total Return Active ETF during the 4th quarter valued at about $51,000. Farther Finance Advisors LLC raised its holdings in iShares Total Return Active ETF by 6,507.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after acquiring an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. lifted its position in iShares Total Return Active ETF by 69.9% during the fourth quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after buying an additional 2,825 shares during the period. Ethos Financial Group LLC purchased a new position in shares of iShares Total Return Active ETF during the 4th quarter worth about $2,314,000. Finally, Arkadios Wealth Advisors purchased a new position in iShares Total Return Active ETF during the fourth quarter worth approximately $4,109,000.

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%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.