iShares Flexible Income Active ETF (NYSEARCA:BINC) Short Interest Update

iShares Flexible Income Active ETF (NYSEARCA:BINC) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 447,829 shares, an increase of 1,156.7% from the June 15th total of 35,634 shares. Based on an average daily volume of 1,744,854 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

iShares Flexible Income Active ETF Trading Up 0.1%

iShares Flexible Income Active ETF stock traded up $0.07 during mid-day trading on Friday, hitting $52.18. 1,246,248 shares of the company’s stock were exchanged, compared to its average volume of 2,476,913. iShares Flexible Income Active ETF has a 1-year low of $51.60 and a 1-year high of $53.51. The stock has a 50 day moving average of $52.21 and a two-hundred day moving average of $52.48.

Institutional Trading of iShares Flexible Income Active ETF

Several large investors have recently made changes to their positions in BINC. Cedar Mountain Advisors LLC raised its stake in shares of iShares Flexible Income Active ETF by 2.1% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 129,010 shares of the company’s stock valued at $6,752,000 after acquiring an additional 2,632 shares in the last quarter. Roxbury Financial LLC boosted its position in iShares Flexible Income Active ETF by 11.7% during the second quarter. Roxbury Financial LLC now owns 9,682 shares of the company’s stock worth $507,000 after purchasing an additional 1,014 shares during the period. Global Wealth Strategies & Associates boosted its position in iShares Flexible Income Active ETF by 8.0% during the second quarter. Global Wealth Strategies & Associates now owns 267,361 shares of the company’s stock worth $13,994,000 after purchasing an additional 19,831 shares during the period. Parallel Advisors LLC boosted its position in iShares Flexible Income Active ETF by 8.3% during the first quarter. Parallel Advisors LLC now owns 642,004 shares of the company’s stock worth $33,339,000 after purchasing an additional 49,130 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in iShares Flexible Income Active ETF by 43.7% during the first quarter. Arkadios Wealth Advisors now owns 122,464 shares of the company’s stock valued at $6,360,000 after purchasing an additional 37,268 shares during the last quarter.

About iShares Flexible Income Active ETF

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation. BINC was launched on May 19, 2023 and is managed by BlackRock.