iShares FinTech Active ETF (NYSEARCA:BPAY) Sees Significant Growth in Short Interest

iShares FinTech Active ETF (NYSEARCA:BPAY – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,942 shares, a growth of 1,466.1% from the October 15th total of 124 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 2,318 shares, the short-interest ratio is currently 0.8 days.

iShares FinTech Active ETF Stock Down 1.2%

iShares FinTech Active ETF stock traded down $0.29 during mid-day trading on Tuesday, hitting $24.53. 1,428 shares of the company’s stock traded hands, compared to its average volume of 2,195. The firm has a 50 day moving average price of $25.32 and a 200 day moving average price of $24.99. The company has a market cap of $8.83 million, a PE ratio of 15.77 and a beta of 1.27. iShares FinTech Active ETF has a one year low of $21.33 and a one year high of $30.27.

About iShares FinTech Active ETF

(Get Free Report)

The BlackRock Future Financial and Technology ETF (BPAY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global companies involved in innovative technologies used and applied in financial services. BPAY was launched on Aug 16, 2022 and is managed by BlackRock.

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