Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Declines By 39.5%

iShares Total Return Active ETF (NASDAQ:BRTR) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 57,316 shares, a decrease of 39.5% from the April 15th total of 94,762 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 71,387 shares, the days-to-cover ratio is currently 0.8 days.

iShares Total Return Active ETF Stock Performance

Shares of NASDAQ BRTR traded down $0.30 during mid-day trading on Friday, reaching $49.78. 72,625 shares of the company traded hands, compared to its average volume of 76,760. The company’s fifty day moving average is $50.32 and its two-hundred day moving average is $50.79. iShares Total Return Active ETF has a fifty-two week low of $49.14 and a fifty-two week high of $51.68. The stock has a market cap of $552.56 million, a PE ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.1895 dividend. The ex-dividend date was Friday, May 1st. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new position in iShares Total Return Active ETF in the 4th quarter valued at $51,000. Farther Finance Advisors LLC grew its stake in iShares Total Return Active ETF by 6,507.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after buying an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. grew its stake in iShares Total Return Active ETF by 69.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after buying an additional 2,825 shares during the last quarter. Ethos Financial Group LLC acquired a new position in iShares Total Return Active ETF in the 4th quarter valued at $2,314,000. Finally, Flow Traders U.S. LLC grew its stake in iShares Total Return Active ETF by 186.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock valued at $2,775,000 after buying an additional 35,420 shares during the last quarter.

About iShares Total Return Active ETF

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.