iShares Total Return Active ETF (NASDAQ:BRTR) Shares Shorted: Short Interest Up 133.9% in September

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 128,760 shares, an increase of 133.9% from the September 15th total of 55,048 shares. Based on an average trading volume of 148,030 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.8% of the shares of the stock are sold short.

iShares Total Return Active ETF Trading Down 0.2%

BRTR traded down $0.10 during trading on Wednesday, hitting $47.83. 44,236 shares of the company traded hands, compared to its average volume of 98,142. The company has a market cap of $789.11 million, a PE ratio of 22.72 and a beta of 0.18. The stock’s 50-day simple moving average is $48.83 and its two-hundred day simple moving average is $49.64. iShares Total Return Active ETF has a 1 year low of $47.52 and a 1 year high of $51.68.

iShares Total Return Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.1905 dividend. This represents a $2.29 annualized dividend and a yield of 4.8%. The ex-dividend date was Thursday, October 1st. This is a decrease from iShares Total Return Active ETF’s previous monthly dividend of $0.1948.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Total Return Active ETF stock. Ethos Financial Group LLC grew its position in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 92.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,712 shares of the company’s stock after purchasing an additional 42,141 shares during the period. Ethos Financial Group LLC owned approximately 0.79% of iShares Total Return Active ETF worth $4,402,000 at the end of the most recent reporting period.

About iShares Total Return Active ETF

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.