iShares FinTech Active ETF (NYSEARCA:BPAY) Sees Significant Drop in Short Interest

iShares FinTech Active ETF (NYSEARCA:BPAY) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 358 shares, a decrease of 81.7% from the September 15th total of 1,960 shares. Based on an average daily volume of 2,403 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

iShares FinTech Active ETF Trading Up 0.3%

NYSEARCA BPAY traded up $0.06 on Monday, hitting $25.50. 1,854 shares of the company’s stock were exchanged, compared to its average volume of 2,276. The stock has a 50-day moving average of $26.49 and a 200-day moving average of $25.30. The stock has a market cap of $9.18 million, a price-to-earnings ratio of 19.83 and a beta of 1.28. iShares FinTech Active ETF has a 52 week low of $21.33 and a 52 week high of $33.31.

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.