iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Down 42.3% in December

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 4,564 shares, a decrease of 42.3% from the November 30th total of 7,916 shares. Based on an average daily volume of 10,142 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 10,142 shares, the days-to-cover ratio is presently 0.5 days.

iShares High Yield Active ETF Price Performance

iShares High Yield Active ETF stock opened at $51.43 on Monday. The firm’s 50 day moving average price is $51.79 and its 200-day moving average price is $51.78. iShares High Yield Active ETF has a 1 year low of $48.27 and a 1 year high of $52.64. The stock has a market cap of $79.72 million, a P/E ratio of 14.81 and a beta of 0.24.

iShares High Yield Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.2759 per share. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date was Friday, December 19th.

Institutional Trading of iShares High Yield Active ETF

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. bought a new stake in shares of iShares High Yield Active ETF (NASDAQ:BRHY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,453 shares of the company’s stock, valued at approximately $180,000. Sunbelt Securities Inc. owned about 0.22% of iShares High Yield Active ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares High Yield Active ETF

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.