iShares High Yield Active ETF (NASDAQ:BRHY) Sees Large Increase in Short Interest

iShares High Yield Active ETF (NASDAQ:BRHY) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 2,100 shares, a growth of 16.7% from the February 13th total of 1,800 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 1.9 days. Approximately 0.1% of the company’s stock are short sold.

iShares High Yield Active ETF Price Performance

BRHY opened at $50.91 on Friday. iShares High Yield Active ETF has a fifty-two week low of $50.35 and a fifty-two week high of $52.20. The business has a 50-day moving average of $51.10 and a 200-day moving average of $51.32. The company has a market capitalization of $101.82 million and a PE ratio of 17.24.

iShares High Yield Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2601 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares High Yield Active ETF stock. Anchor Investment Management LLC acquired a new stake in iShares High Yield Active ETF (NASDAQ:BRHY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,214 shares of the company’s stock, valued at approximately $62,000. Anchor Investment Management LLC owned approximately 0.06% of iShares High Yield Active ETF as of its most recent filing with the SEC.

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.