iShares High Yield Muni Active ETF (BATS:HIMU) Short Interest Update

iShares High Yield Muni Active ETF (BATS:HIMU) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 293,343 shares, a drop of 50.5% from the August 15th total of 592,670 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 365,699 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors raised its stake in iShares High Yield Muni Active ETF by 14.5% in the 1st quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock worth $635,000 after purchasing an additional 1,673 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of iShares High Yield Muni Active ETF during the first quarter worth approximately $144,000. Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Muni Active ETF during the first quarter worth approximately $255,000. Ascentis Independent Advisors acquired a new stake in shares of iShares High Yield Muni Active ETF in the first quarter valued at approximately $33,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of iShares High Yield Muni Active ETF by 5.0% in the first quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock valued at $5,849,000 after buying an additional 5,757 shares during the period.

iShares High Yield Muni Active ETF Price Performance

BATS:HIMU opened at $46.70 on Wednesday. The stock has a 50 day simple moving average of $48.36 and a 200 day simple moving average of $48.60. iShares High Yield Muni Active ETF has a 1-year low of $46.65 and a 1-year high of $49.94.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.