iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Update

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 19,017 shares, an increase of 261.1% from the June 30th total of 5,267 shares. Based on an average daily volume of 34,857 shares, the short-interest ratio is currently 0.5 days. Approximately 0.7% of the shares of the stock are sold short.

iShares High Yield Active ETF Trading Up 0.1%

NASDAQ BRHY traded up $0.06 on Monday, hitting $50.81. 28,479 shares of the company’s stock were exchanged, compared to its average volume of 18,164. The stock has a 50-day moving average of $50.98 and a 200-day moving average of $51.06. The stock has a market cap of $134.65 million, a price-to-earnings ratio of 14.81 and a beta of 0.21. iShares High Yield Active ETF has a 52 week low of $49.88 and a 52 week high of $53.16.

iShares High Yield Active ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2572 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%.

Institutional Trading of iShares High Yield Active ETF

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

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.