iShares High Yield Muni Active ETF (BATS:HIMU) Sees Large Drop in Short Interest

iShares High Yield Muni Active ETF (BATS:HIMU) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 46,495 shares, a drop of 84.3% from the September 30th total of 296,039 shares. Based on an average daily volume of 1,605,578 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

A number of institutional investors have recently bought and sold shares of HIMU. Quadrant Capital Group LLC bought a new stake in iShares High Yield Muni Active ETF in the 3rd quarter valued at $44,913,000. Central Bank & Trust Co. acquired a new position in shares of iShares High Yield Muni Active ETF in the 3rd quarter valued at $775,000. Morton Brown Family Wealth LLC acquired a new position in shares of iShares High Yield Muni Active ETF in the 3rd quarter valued at $268,000. Janney Montgomery Scott LLC raised its stake in shares of iShares High Yield Muni Active ETF by 5.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after buying an additional 5,757 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Muni Active ETF during the 1st quarter worth about $255,000.

iShares High Yield Muni Active ETF Stock Performance

HIMU opened at $47.02 on Tuesday. iShares High Yield Muni Active ETF has a 1 year low of $44.85 and a 1 year high of $49.94. The stock’s 50 day simple moving average is $46.78 and its 200-day simple moving average is $48.31.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.