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

iShares Total Return Active ETF (NASDAQ:BRTR) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 30,670 shares, a drop of 46.5% from the April 30th total of 57,316 shares. Based on an average daily trading volume, of 56,571 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares Total Return Active ETF

A number of hedge funds have recently made changes to their positions in BRTR. Ameriflex Group Inc. acquired a new position in shares of iShares Total Return Active ETF during the fourth quarter worth approximately $51,000. Farther Finance Advisors LLC raised its stake in iShares Total Return Active ETF by 6,507.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,775 shares of the company’s stock valued at $141,000 after acquiring an additional 2,733 shares in the last quarter. Greatmark Investment Partners Inc. raised its stake in iShares Total Return Active ETF by 69.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 6,865 shares of the company’s stock valued at $349,000 after acquiring an additional 2,825 shares in the last quarter. Flow Traders U.S. LLC boosted its position in iShares Total Return Active ETF by 186.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after acquiring an additional 35,420 shares during the period. Finally, Ethos Financial Group LLC grew its stake in shares of iShares Total Return Active ETF by 92.5% in the first quarter. Ethos Financial Group LLC now owns 87,712 shares of the company’s stock worth $4,402,000 after purchasing an additional 42,141 shares in the last quarter.

iShares Total Return Active ETF Stock Performance

Shares of iShares Total Return Active ETF stock traded down $0.29 during trading on Monday, hitting $50.02. 838 shares of the stock were exchanged, compared to its average volume of 97,715. iShares Total Return Active ETF has a 12 month low of $49.42 and a 12 month high of $51.68. The stock’s fifty day moving average is $50.19 and its 200 day moving average is $50.71. The stock has a market cap of $555.22 million, a PE ratio of 22.72 and a beta of 0.17.

iShares Total Return Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.1895 dividend. This is a positive change from iShares Total Return Active ETF’s previous monthly dividend of $0.19. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.5%.

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%. BRTR was launched on Dec 12, 2023 and is issued by BlackRock.