iShares Total Return Active ETF (NASDAQ:BRTR) Short Interest Down 92.1% in June

iShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) 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. Currently, 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 currently 0.8 days.

iShares Total Return Active ETF Stock Up 0.1%

Shares of NASDAQ BRTR traded up $0.07 during mid-day trading on Friday, reaching $50.49. 113,579 shares of the company were exchanged, compared to its average volume of 93,798. iShares Total Return Active ETF has a 52 week low of $49.50 and a 52 week high of $51.68. The company’s 50 day moving average price is $50.19 and its 200 day moving average price is $50.58. The stock has a market capitalization of $560.44 million, a PE ratio of 22.72 and a beta of 0.17.

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iShares Total Return Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.166 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Hedge Funds Weigh In On iShares Total Return Active ETF

Several institutional investors have recently modified their holdings of BRTR. Ameriflex Group Inc. bought a new position in iShares Total Return Active ETF during the fourth quarter valued at approximately $51,000. Farther Finance Advisors LLC grew its holdings 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 valued at $141,000 after purchasing an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. grew its holdings 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 valued at $349,000 after purchasing an additional 2,825 shares during the last quarter. Ethos Financial Group LLC purchased a new position in iShares Total Return Active ETF in the 4th quarter worth $2,314,000. Finally, Flow Traders U.S. LLC raised its position in 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 worth $2,775,000 after purchasing an additional 35,420 shares during the period.

About iShares Total Return Active ETF

(Get Free Report)

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.

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