Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Declines By 92.1%

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 59,656 shares, a drop of 92.1% from the May 31st total of 756,797 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 71,153 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of iShares Total Return Active ETF

Several large investors have recently made changes to their positions in BRTR. JPMorgan Chase & Co. raised its stake in iShares Total Return Active ETF by 1,406.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock valued at $164,149,000 after purchasing an additional 3,018,219 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in iShares Total Return Active ETF by 242.1% during the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock worth $13,895,000 after purchasing an additional 195,923 shares during the last quarter. Ethos Financial Group LLC grew its holdings in shares of iShares Total Return Active ETF by 92.5% during the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after buying an additional 42,141 shares in the last quarter. Flow Traders U.S. LLC grew its holdings in shares of iShares Total Return Active ETF by 186.4% during the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after buying an additional 35,420 shares in the last quarter. Finally, Greatmark Investment Partners Inc. raised its position in shares of iShares Total Return Active ETF by 69.9% in the fourth 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.

iShares Total Return Active ETF Price Performance

BRTR stock traded up $0.02 during trading on Thursday, hitting $50.42. The stock had a trading volume of 58,380 shares, compared to its average volume of 93,634. iShares Total Return Active ETF has a twelve month low of $49.50 and a twelve month high of $51.68. The company’s 50-day moving average price is $50.19 and its two-hundred day moving average price is $50.58. The stock has a market capitalization of $559.66 million, a P/E ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Cuts Dividend

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

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.