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

iShares High Yield Active ETF (NASDAQ:BRHY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,108 shares, an increase of 87.4% from the April 30th total of 4,326 shares. Based on an average daily trading volume, of 7,513 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the shares of the company are short sold.

iShares High Yield Active ETF Stock Down 0.6%

NASDAQ:BRHY opened at $50.95 on Tuesday. The business’s 50 day moving average is $50.81 and its two-hundred day moving average is $51.23. iShares High Yield Active ETF has a 52 week low of $49.88 and a 52 week high of $53.16. The company has a market cap of $99.35 million, a PE ratio of 14.81 and a beta of 0.21.

iShares High Yield Active ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2788 per share. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares High Yield Active ETF stock. Sunbelt Securities Inc. bought a new position in shares of iShares High Yield Active ETF (NASDAQ:BRHY) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm 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 SEC filing.

iShares High Yield Active ETF Company Profile

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.