iShares High Yield Active ETF (NASDAQ:BRHY) Short Interest Update

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 12,300 shares, a growth of 95.2% from the September 15th total of 6,300 shares. Based on an average trading volume of 10,400 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 10,400 shares, the days-to-cover ratio is presently 1.2 days.

iShares High Yield Active ETF Price Performance

Shares of NASDAQ:BRHY opened at $52.11 on Tuesday. The company’s 50 day simple moving average is $52.01 and its 200 day simple moving average is $51.30. The stock has a market capitalization of $78.17 million and a price-to-earnings ratio of 14.81. iShares High Yield Active ETF has a 1 year low of $48.27 and a 1 year high of $52.48.

iShares High Yield Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, October 1st.

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.