iShares High Yield Muni Active ETF (BATS:HIMU) Short Interest Update

iShares High Yield Muni Active ETF (BATS:HIMU) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 592,670 shares, a growth of 479.8% from the July 30th total of 102,221 shares. Currently, 1.6% of the shares of the company are short sold. Based on an average daily trading volume, of 434,905 shares, the days-to-cover ratio is presently 1.4 days.

iShares High Yield Muni Active ETF Stock Up 0.1%

Shares of HIMU opened at $48.28 on Friday. iShares High Yield Muni Active ETF has a one year low of $47.32 and a one year high of $49.94. The business has a fifty day moving average of $48.93 and a 200 day moving average of $48.77.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Arkadios Wealth Advisors raised its holdings in iShares High Yield Muni Active ETF by 14.5% in the 1st quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock worth $635,000 after purchasing an additional 1,673 shares during the period. Bessemer Group Inc. purchased a new position in shares of iShares High Yield Muni Active ETF during the 1st quarter valued at about $144,000. Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Muni Active ETF during the 1st quarter valued at approximately $255,000. Ascentis Independent Advisors purchased a new stake in iShares High Yield Muni Active ETF in the 1st quarter worth approximately $33,000. Finally, Janney Montgomery Scott LLC raised its stake in iShares High Yield Muni Active ETF by 5.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock worth $5,849,000 after acquiring an additional 5,757 shares during the period.

iShares High Yield Muni Active ETF Company Profile

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.