iShares High Yield Active ETF (NASDAQ:BRHY) Sees Significant Drop in Short Interest

iShares High Yield Active ETF (NASDAQ:BRHY) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 100 shares, a drop of 85.7% from the October 15th total of 700 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is currently 0.1 days.

iShares High Yield Active ETF Stock Down 0.2 %

Shares of iShares High Yield Active ETF stock traded down $0.10 on Tuesday, reaching $51.46. The stock had a trading volume of 1,042 shares, compared to its average volume of 1,582. The firm’s 50 day moving average price is $51.64. iShares High Yield Active ETF has a 1 year low of $50.35 and a 1 year high of $52.20.

iShares High Yield Active ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3011 per share. This represents a $3.61 dividend on an annualized basis and a dividend yield of 7.02%. This is a positive change from iShares High Yield Active ETF’s previous monthly dividend of $0.26. The ex-dividend date was Friday, November 1st.