iShares High Yield Muni Income Active ETF (BATS:SHYM) Shares Shorted: Short Interest Down 81.6% in September

iShares High Yield Muni Income Active ETF (BATS:SHYM) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 11,098 shares, a decrease of 81.6% from the August 31st total of 60,336 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 327,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On iShares High Yield Muni Income Active ETF

A hedge fund recently raised its stake in iShares High Yield Muni Income Active ETF stock. Janney Montgomery Scott LLC grew its position in shares of iShares High Yield Muni Income Active ETF (BATS:SHYM) by 117.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,006 shares of the company’s stock after acquiring an additional 45,287 shares during the quarter. Janney Montgomery Scott LLC owned about 0.56% of iShares High Yield Muni Income Active ETF worth $1,850,000 as of its most recent filing with the SEC.

iShares High Yield Muni Income Active ETF Trading Down 0.0%

Shares of iShares High Yield Muni Income Active ETF stock opened at $21.38 on Friday. The business’s 50 day simple moving average is $21.98 and its 200-day simple moving average is $22.14. iShares High Yield Muni Income Active ETF has a twelve month low of $21.35 and a twelve month high of $22.53.

About iShares High Yield Muni Income Active ETF

The iShares High Yield Muni Income Active ETF (SHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. SHYM was launched on Mar 16, 2021 and is issued by BlackRock.