Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Drops By 66.7%

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

iShares High Yield Active ETF Stock Performance

Shares of BRHY stock traded up $0.12 during mid-day trading on Friday, hitting $51.57. 266 shares of the stock traded hands, compared to its average volume of 1,714. The stock’s 50-day simple moving average 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 firm also recently announced a monthly dividend, which was paid on Friday, October 4th. Stockholders of record on Tuesday, October 1st were issued a $0.259 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $3.11 dividend on an annualized basis and a dividend yield of 6.03%.

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