Short Interest in iShares FinTech Active ETF (NYSEARCA:BPAY) Decreases By 84.9%

iShares FinTech Active ETF (NYSEARCA:BPAY) was the target of a large decline in short interest in April. As of April 15th, there was short interest totaling 169 shares, a decline of 84.9% from the March 31st total of 1,117 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,664 shares, the short-interest ratio is currently 0.1 days.

iShares FinTech Active ETF Stock Performance

NYSEARCA BPAY remained flat at $24.37 on Friday. The company’s stock had a trading volume of 1,779 shares, compared to its average volume of 2,319. The stock’s 50 day simple moving average is $23.33 and its two-hundred day simple moving average is $26.74. The company has a market cap of $8.77 million, a P/E ratio of 19.83 and a beta of 1.31. iShares FinTech Active ETF has a 1-year low of $21.33 and a 1-year high of $34.69.

Institutional Investors Weigh In On iShares FinTech Active ETF

An institutional investor recently bought a new position in iShares FinTech Active ETF stock. Sunbelt Securities Inc. bought a new stake in shares of iShares FinTech Active ETF (NYSEARCA:BPAY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,753 shares of the company’s stock, valued at approximately $88,000. Sunbelt Securities Inc. owned approximately 0.76% of iShares FinTech Active ETF as of its most recent SEC filing.

iShares FinTech Active ETF Company Profile

The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.