iShares FinTech Active ETF (NYSEARCA:BPAY) Sees Large Decline in Short Interest

iShares FinTech Active ETF (NYSEARCA:BPAY) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 124 shares, a decline of 65.4% from the September 30th total of 358 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 436 shares, the short-interest ratio is presently 0.3 days.

iShares FinTech Active ETF Price Performance

iShares FinTech Active ETF stock traded down $0.34 during midday trading on Friday, reaching $24.00. The company’s stock had a trading volume of 8,878 shares, compared to its average volume of 2,239. iShares FinTech Active ETF has a 52-week low of $21.33 and a 52-week high of $31.01. The stock has a market capitalization of $8.64 million, a P/E ratio of 19.83 and a beta of 1.28. The stock’s 50-day simple moving average is $25.80 and its 200-day simple moving average is $25.10.

About iShares FinTech Active ETF

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.