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

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 11,600 shares, a drop of 67.0% from the February 13th total of 35,100 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Total Return Active ETF stock. JPMorgan Chase & Co. purchased a new stake in iShares Total Return Active ETF (NASDAQ:BRTR) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 199,596 shares of the company’s stock, valued at approximately $10,418,000. JPMorgan Chase & Co. owned approximately 8.87% of iShares Total Return Active ETF at the end of the most recent quarter.

iShares Total Return Active ETF Stock Down 0.2 %

Shares of iShares Total Return Active ETF stock opened at $50.06 on Thursday. iShares Total Return Active ETF has a twelve month low of $48.77 and a twelve month high of $52.60. The firm’s 50-day moving average price is $49.71 and its 200 day moving average price is $50.52.

iShares Total Return Active ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1816 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Total Return Active ETF Company Profile

The iShares Total Return Active ETF (BRTR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in corporate and government fixed income securities from around the world. Securities could be of any maturity while limiting investments in junk bonds to 20%.