iShares High Yield Active ETF (NASDAQ:BRHY) Sees Large Decline in Short Interest

iShares High Yield Active ETF (NASDAQ:BRHY) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 700 shares, a drop of 66.7% from the September 30th total of 2,100 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 0.4 days.

iShares High Yield Active ETF Trading Up 0.2 %

NASDAQ:BRHY traded up $0.08 during mid-day trading on Friday, reaching $51.53. The company’s stock had a trading volume of 384 shares, compared to its average volume of 1,715. The stock’s fifty day moving average price is $51.71. iShares High Yield Active ETF has a twelve month low of $50.35 and a twelve month high of $52.20.

iShares High Yield Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 4th. Stockholders of record on Tuesday, October 1st were paid a $0.259 dividend. This represents a $3.11 annualized dividend and a dividend yield of 6.03%. The ex-dividend date was Tuesday, October 1st.