iShares FinTech Active ETF (NYSEARCA:BPAY) Short Interest Update

iShares FinTech Active ETF (NYSEARCA:BPAY) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,960 shares, a decrease of 77.8% from the August 31st total of 8,837 shares. Based on an average daily volume of 3,571 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s shares are sold short.

iShares FinTech Active ETF Trading Up 0.2%

iShares FinTech Active ETF stock traded up $0.04 during midday trading on Friday, hitting $25.22. 487 shares of the stock were exchanged, compared to its average volume of 2,299. The stock’s 50-day simple moving average is $26.79 and its 200 day simple moving average is $25.14. iShares FinTech Active ETF has a fifty-two week low of $21.33 and a fifty-two week high of $33.41. The stock has a market capitalization of $9.08 million, a price-to-earnings ratio of 19.83 and a beta of 1.26.

About iShares FinTech Active ETF

The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.