iShares High Yield Active ETF (NASDAQ:BRHY) Stock Short Interest Report for October

by · The Markets Daily

iShares High Yield Active ETF (NASDAQ:BRHY – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 727 shares, a drop of 82.7% from the September 30th total of 4,209 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 21,683 shares, the days-to-cover ratio is currently 0.0 days.

iShares High Yield Active ETF Stock Performance

Shares of BRHY traded up $0.15 during trading hours on Tuesday, hitting $49.53. 1,705 shares of the company were exchanged, compared to its average volume of 18,766. The firm’s 50 day moving average is $50.03 and its 200-day moving average is $50.79. The company has a market cap of $131.25 million, a PE ratio of 14.81 and a beta of 0.23. iShares High Yield Active ETF has a 52 week low of $48.86 and a 52 week high of $53.16.

iShares High Yield Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2599 dividend. This is a decrease from iShares High Yield Active ETF’s previous monthly dividend of $0.2723. This represents a $3.12 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Thursday, October 1st.

About iShares High Yield Active ETF

(Get Free Report)

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.

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