iShares High Yield Active ETF (NASDAQ:BRHY – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 5,267 shares, a growth of 159.3% from the June 15th total of 2,031 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 24,387 shares, the days-to-cover ratio is currently 0.2 days.
iShares High Yield Active ETF Price Performance
Shares of BRHY opened at $50.93 on Tuesday. iShares High Yield Active ETF has a 1-year low of $49.88 and a 1-year high of $53.16. The stock has a market cap of $132.42 million, a price-to-earnings ratio of 14.81 and a beta of 0.21. The firm has a 50 day simple moving average of $50.97 and a 200-day simple moving average of $51.09.
iShares High Yield Active ETF Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2572 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Wednesday, July 1st.
Hedge Funds Weigh In On iShares High Yield Active ETF
About iShares High Yield Active ETF
The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.
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