iShares Total Return Active ETF (NASDAQ:BRTR) Shares Shorted: Short Interest Down 63.0% in October

iShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 47,653 shares, a decrease of 63.0% from the September 30th total of 128,760 shares. Based on an average trading volume of 187,726 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares Total Return Active ETF

Several large investors have recently added to or reduced their stakes in BRTR. Greatmark Investment Partners Inc. bought a new stake in iShares Total Return Active ETF in the third quarter worth $310,000. Arkadios Wealth Advisors boosted its stake in iShares Total Return Active ETF by 242.1% during the 1st quarter. Arkadios Wealth Advisors now owns 276,840 shares of the company’s stock valued at $13,895,000 after purchasing an additional 195,923 shares during the last quarter. Finally, Ethos Financial Group LLC lifted its position in 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 valued at $4,402,000 after purchasing an additional 42,141 shares during the period.

iShares Total Return Active ETF Trading Up 0.2%

BRTR stock traded up $0.12 during midday trading on Thursday, hitting $48.56. The stock had a trading volume of 1,964 shares, compared to its average volume of 100,908. The firm has a market cap of $827.95 million, a P/E ratio of 22.72 and a beta of 0.18. iShares Total Return Active ETF has a 1-year low of $47.52 and a 1-year high of $51.68. The business has a fifty day moving average price of $48.57 and a two-hundred day moving average price of $49.89.

iShares Total Return Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.1905 dividend. This represents a $2.29 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares Total Return Active ETF’s previous monthly dividend of $0.1948.

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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