iShares Total Return Active ETF (NASDAQ:BRTR) Sees Large Increase in Short Interest

iShares Total Return Active ETF (NASDAQ:BRTR) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 117,276 shares, an increase of 93.2% from the June 30th total of 60,709 shares. Based on an average daily volume of 61,584 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the company’s stock are short sold.

Institutional Trading of iShares Total Return Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BRTR. Ameriflex Group Inc. bought a new stake in shares of iShares Total Return Active ETF in the 4th quarter worth about $51,000. Farther Finance Advisors LLC lifted its holdings 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 worth $141,000 after buying an additional 2,733 shares during the last quarter. Greatmark Investment Partners Inc. lifted its holdings 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 worth $349,000 after buying an additional 2,825 shares during the last quarter. Ethos Financial Group LLC acquired a new position in shares of iShares Total Return Active ETF in the 4th quarter worth approximately $2,314,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of iShares Total Return Active ETF in the 4th quarter worth approximately $4,109,000.

iShares Total Return Active ETF Stock Performance

BRTR stock opened at $49.53 on Thursday. The firm has a market cap of $733.04 million, a P/E ratio of 22.72 and a beta of 0.16. iShares Total Return Active ETF has a 1 year low of $49.42 and a 1 year high of $51.68. The stock has a 50-day simple moving average of $50.01 and a 200-day simple moving average of $50.42.

iShares Total Return Active ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.1914 per share. This is a positive change from iShares Total Return Active ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Wednesday, July 1st.

About iShares Total Return Active ETF

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.