iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Decrease in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 57,189 shares, a drop of 33.8% from the July 30th total of 86,348 shares. Based on an average daily trading volume, of 68,932 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

iShares Total Return Active ETF Stock Performance

Shares of NASDAQ:BRTR opened at $49.13 on Wednesday. The business’s 50-day simple moving average is $49.72 and its 200 day simple moving average is $50.17. The company has a market cap of $732.04 million, a P/E ratio of 22.72 and a beta of 0.17. iShares Total Return Active ETF has a one year low of $49.09 and a one year high of $51.68.

iShares Total Return Active ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.1948 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from iShares Total Return Active ETF’s previous dividend of $0.19.

Institutional Investors Weigh In On iShares Total Return Active ETF

A number of large investors have recently added to or reduced their stakes in BRTR. Ameriflex Group Inc. purchased a new stake in iShares Total Return Active ETF during the 4th quarter worth $51,000. Arkadios Wealth Advisors purchased a new stake in shares of iShares Total Return Active ETF during the fourth quarter worth about $4,109,000. Ethos Financial Group LLC increased its position 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 acquiring an additional 42,141 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of iShares Total Return Active ETF by 1,406.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after acquiring an additional 3,018,219 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.