iShares Total Return Active ETF (NASDAQ:BRTR) Short Interest Update

iShares Total Return Active ETF (NASDAQ:BRTR) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 756,797 shares, an increase of 2,367.5% from the May 14th total of 30,670 shares. Based on an average daily volume of 324,295 shares, the short-interest ratio is presently 2.3 days. Approximately 6.8% of the shares of the stock are sold short.

iShares Total Return Active ETF Stock Performance

Shares of iShares Total Return Active ETF stock traded up $0.08 during midday trading on Tuesday, hitting $49.96. 82,591 shares of the company traded hands, compared to its average volume of 97,207. The stock has a market cap of $554.56 million, a price-to-earnings ratio of 22.72 and a beta of 0.17. The firm’s fifty day moving average price is $50.19 and its 200-day moving average price is $50.66. iShares Total Return Active ETF has a 12 month low of $49.50 and a 12 month high of $51.68.

iShares Total Return Active ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.166 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

Hedge Funds Weigh In On iShares Total Return Active ETF

A number of hedge funds have recently made changes to their positions in BRTR. Ameriflex Group Inc. acquired a new position in iShares Total Return Active ETF in the fourth quarter valued at approximately $51,000. Farther Finance Advisors LLC grew its position in shares of iShares Total Return Active ETF by 6,507.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock worth $141,000 after buying an additional 2,733 shares during the period. Greatmark Investment Partners Inc. grew its position in shares of iShares Total Return Active ETF by 69.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock worth $349,000 after buying an additional 2,825 shares during the period. Ethos Financial Group LLC acquired a new stake in shares of iShares Total Return Active ETF during the 4th quarter worth approximately $2,314,000. Finally, Flow Traders U.S. LLC increased its stake in shares of 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 acquiring an additional 35,420 shares in the last quarter.

iShares Total Return Active ETF Company Profile

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.