iShares FinTech Active ETF (NYSEARCA:BPAY) Short Interest Update

iShares FinTech Active ETF (NYSEARCA:BPAY) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,160 shares, a drop of 82.6% from the January 29th total of 12,438 shares. Based on an average daily volume of 2,973 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 2,973 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of iShares FinTech Active ETF

A hedge fund recently raised its stake in iShares FinTech Active ETF stock. Sunbelt Securities Inc. increased its holdings in iShares FinTech Active ETF (NYSEARCA:BPAY) by 323.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,663 shares of the company’s stock after acquiring an additional 8,910 shares during the quarter. Sunbelt Securities Inc. owned approximately 3.24% of iShares FinTech Active ETF worth $317,000 as of its most recent filing with the SEC.

iShares FinTech Active ETF Stock Up 2.0%

Shares of NYSEARCA BPAY traded up $0.46 on Wednesday, hitting $23.90. The company had a trading volume of 175 shares, compared to its average volume of 3,210. iShares FinTech Active ETF has a 12-month low of $20.66 and a 12-month high of $34.69. The firm has a market capitalization of $8.60 million, a P/E ratio of 19.83 and a beta of 1.30. The business has a 50 day moving average of $26.25 and a two-hundred day moving average of $29.50.

iShares FinTech Active ETF Company Profile

The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.