iShares Total Return Active ETF (NASDAQ:BRTR) Short Interest Down 82.1% in March

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 10,112 shares, a drop of 82.1% from the February 26th total of 56,372 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 78,595 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 78,595 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

iShares Total Return Active ETF Stock Performance

Shares of iShares Total Return Active ETF stock traded down $0.14 during trading hours on Tuesday, hitting $50.00. The company’s stock had a trading volume of 67,930 shares, compared to its average volume of 66,245. The company has a market cap of $525 million, a PE ratio of 22.72 and a beta of 0.19. The business has a 50 day moving average price of $50.97 and a two-hundred day moving average price of $51.01. iShares Total Return Active ETF has a 12-month low of $48.59 and a 12-month high of $51.68.

iShares Total Return Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1859 per share. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC boosted its stake in iShares Total Return Active ETF by 186.4% during the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after buying an additional 35,420 shares during the last quarter. Ethos Financial Group LLC bought a new stake in iShares Total Return Active ETF in the 4th quarter worth approximately $2,314,000. Farther Finance Advisors LLC increased its stake 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 worth $141,000 after acquiring an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. raised its holdings in shares of iShares Total Return Active ETF by 69.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after acquiring an additional 2,825 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares Total Return Active ETF by 1,406.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after acquiring an additional 3,018,219 shares in the last quarter.

iShares Total Return Active ETF Company Profile

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.