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

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 57,189 shares, a decrease of 33.8% from the July 30th total of 86,348 shares. Based on an average daily trading volume, of 68,932 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s shares are sold short.

iShares Total Return Active ETF Stock Down 0.6%

iShares Total Return Active ETF stock traded down $0.31 during mid-day trading on Tuesday, hitting $49.13. 189,754 shares of the company’s stock were exchanged, compared to its average volume of 88,219. The firm has a market capitalization of $732.04 million, a P/E ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a fifty-two week low of $49.09 and a fifty-two week high of $51.68. The company’s 50 day simple moving average is $49.74 and its 200-day simple moving average is $50.19.

iShares Total Return Active ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.1907 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, August 3rd.

Institutional Investors Weigh In On iShares Total Return Active ETF

Hedge funds have recently modified their holdings of the business. Ameriflex Group Inc. acquired a new position in shares of iShares Total Return Active ETF in the 4th quarter valued at approximately $51,000. Ethos Financial Group LLC raised its holdings in iShares Total Return Active ETF by 92.5% during the 1st quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after buying an additional 42,141 shares during the period. Arkadios Wealth Advisors acquired a new stake in iShares Total Return Active ETF during the 4th quarter worth approximately $4,109,000. Finally, JPMorgan Chase & Co. raised its holdings in 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 buying an additional 3,018,219 shares during the period.

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.