iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Drop in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 3,900 shares, a decrease of 59.8% from the September 30th total of 9,700 shares. Based on an average daily volume of 13,000 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares Total Return Active ETF

An institutional investor recently raised its position in iShares Total Return Active ETF stock. Taylor & Morgan Wealth Management LLC raised its position in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 82.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,553 shares of the company’s stock after acquiring an additional 17,446 shares during the period. iShares Total Return Active ETF makes up 1.4% of Taylor & Morgan Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Taylor & Morgan Wealth Management LLC owned approximately 2.20% of iShares Total Return Active ETF worth $1,934,000 at the end of the most recent reporting period.

iShares Total Return Active ETF Price Performance

NASDAQ BRTR traded down $0.07 during trading on Monday, hitting $50.63. 3,527 shares of the company traded hands, compared to its average volume of 9,565. iShares Total Return Active ETF has a 12 month low of $49.08 and a 12 month high of $52.60. The business has a fifty day simple moving average of $51.79 and a 200 day simple moving average of $50.87.

iShares Total Return Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2037 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.