Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Declines By 46.5%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 30,670 shares, a decrease of 46.5% from the April 30th total of 57,316 shares. Based on an average daily trading volume, of 56,571 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Ethos Financial Group LLC purchased a new position in iShares Total Return Active ETF during the 4th quarter worth $2,314,000. Flow Traders U.S. LLC boosted its holdings 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 worth $2,775,000 after purchasing an additional 35,420 shares during the last quarter. Ameriflex Group Inc. bought a new stake in iShares Total Return Active ETF in the 4th quarter worth about $51,000. JPMorgan Chase & Co. increased its stake in iShares Total Return Active ETF by 1,406.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after buying an additional 3,018,219 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in shares of iShares Total Return Active ETF in the 4th quarter worth approximately $4,109,000.

iShares Total Return Active ETF Price Performance

Shares of NASDAQ BRTR traded down $0.11 during mid-day trading on Wednesday, reaching $50.05. 14,628 shares of the company’s stock traded hands, compared to its average volume of 98,023. The business has a 50-day simple moving average of $50.19 and a 200 day simple moving average of $50.70. The stock has a market cap of $555.56 million, a P/E ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a 1-year low of $49.43 and a 1-year high of $51.68.

iShares Total Return Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.166 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, June 1st.

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.