Short Interest in iShares Total Return Active ETF (NASDAQ:BRTR) Declines By 67.0%

iShares Total Return Active ETF (NASDAQ:BRTR) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 11,600 shares, a drop of 67.0% from the February 13th total of 35,100 shares. Based on an average trading volume of 32,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold.

iShares Total Return Active ETF Stock Performance

Shares of iShares Total Return Active ETF stock traded down $0.14 during midday trading on Friday, hitting $50.06. The company’s stock had a trading volume of 59,188 shares, compared to its average volume of 31,010. The stock has a 50-day simple moving average of $49.73 and a 200-day simple moving average of $50.52. iShares Total Return Active ETF has a 1-year low of $48.77 and a 1-year high of $52.60.

iShares Total Return Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1816 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On iShares Total Return Active ETF

An institutional investor recently raised its position in iShares Total Return Active ETF stock. Jones Financial Companies Lllp raised its stake in shares of iShares Total Return Active ETF (NASDAQ:BRTR) by 2,783.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,680 shares of the company’s stock after buying an additional 8,379 shares during the period. Jones Financial Companies Lllp owned 0.28% of iShares Total Return Active ETF worth $428,000 at the end of the most recent quarter.

iShares Total Return Active ETF Company Profile

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%.