iShares High Yield Muni Active ETF (BATS:HIMU) Sees Significant Decline in Short Interest

iShares High Yield Muni Active ETF (BATS:HIMU) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 140,798 shares, a decrease of 52.0% from the August 31st total of 293,343 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 568,716 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares High Yield Muni Active ETF

Several institutional investors have recently added to or reduced their stakes in the company. J.Safra Asset Management Corp bought a new position in iShares High Yield Muni Active ETF during the 4th quarter worth $7,888,000. Arkadios Wealth Advisors lifted its holdings in shares of iShares High Yield Muni Active ETF by 14.5% during the first quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock worth $635,000 after buying an additional 1,673 shares in the last quarter. Bessemer Group Inc. bought a new stake in shares of iShares High Yield Muni Active ETF in the first quarter valued at about $144,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares High Yield Muni Active ETF in the first quarter valued at about $255,000. Finally, Ascentis Independent Advisors bought a new stake in iShares High Yield Muni Active ETF in the 1st quarter valued at about $33,000.

iShares High Yield Muni Active ETF Stock Performance

BATS HIMU opened at $45.33 on Tuesday. The firm has a 50-day moving average of $47.84 and a 200-day moving average of $48.44. iShares High Yield Muni Active ETF has a 52-week low of $45.20 and a 52-week high of $49.94.

About iShares High Yield Muni Active ETF

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.