iShares High Yield Active ETF (NASDAQ:BRHY – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 35,032 shares, a growth of 84.2% from the July 15th total of 19,017 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 24,275 shares, the days-to-cover ratio is presently 1.4 days.
iShares High Yield Active ETF Stock Performance
Shares of NASDAQ BRHY traded up $0.03 during mid-day trading on Friday, hitting $51.05. 10,624 shares of the stock were exchanged, compared to its average volume of 18,327. The company has a market cap of $137.84 million, a P/E ratio of 14.81 and a beta of 0.21. The stock’s fifty day simple moving average is $50.95 and its two-hundred day simple moving average is $50.98. iShares High Yield Active ETF has a twelve month low of $49.88 and a twelve month high of $53.16.
iShares High Yield Active ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.2696 per share. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares High Yield Active ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.
Institutional Trading of iShares High Yield Active ETF
iShares High Yield Active ETF Company Profile
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.
Featured Stories
- Five stocks we like better than iShares High Yield Active ETF
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Receive News & Ratings for iShares High Yield Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares High Yield Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
