iShares Total Return Active ETF (NASDAQ:BRTR) Sees Significant Increase in Short Interest
by Doug Wharley · The Cerbat GemiShares Total Return Active ETF (NASDAQ:BRTR – Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 94,762 shares, an increase of 638.0% from the March 31st total of 12,840 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 68,043 shares, the short-interest ratio is currently 1.4 days.
iShares Total Return Active ETF Price Performance
Shares of BRTR stock traded up $0.08 on Friday, hitting $50.53. The stock had a trading volume of 38,346 shares, compared to its average volume of 77,542. The business has a 50 day moving average of $50.65 and a 200 day moving average of $50.89. The stock has a market cap of $550.78 million, a price-to-earnings ratio of 22.72 and a beta of 0.22. iShares Total Return Active ETF has a 12-month low of $49.14 and a 12-month high of $51.68.
iShares Total Return Active ETF Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a $0.1853 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.
Institutional Trading of iShares Total Return Active ETF
A number of large investors have recently added to or reduced their stakes in BRTR. Flow Traders U.S. LLC increased its holdings in iShares Total Return Active ETF by 186.4% during the third quarter. Flow Traders U.S. LLC now owns 54,422 shares of the company’s stock worth $2,775,000 after buying an additional 35,420 shares during the last quarter. Ethos Financial Group LLC purchased a new stake in iShares Total Return Active ETF during the fourth quarter worth about $2,314,000. Farther Finance Advisors LLC increased its holdings in iShares Total Return Active ETF by 6,507.1% during the fourth 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. increased its holdings in iShares Total Return Active ETF by 69.9% during the fourth 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. Finally, JPMorgan Chase & Co. increased its holdings in iShares Total Return Active ETF by 1,406.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,232,880 shares of the company’s stock worth $164,149,000 after buying an additional 3,018,219 shares during the last quarter.
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.