Short Interest in iShares High Yield Active ETF (NASDAQ:BRHY) Declines By 85.7%

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

iShares High Yield Active ETF Stock Performance

Shares of NASDAQ BRHY traded down $0.10 during trading on Wednesday, reaching $51.46. 1,042 shares of the company traded hands, compared to its average volume of 1,582. The company has a fifty day moving average price of $51.64. iShares High Yield Active ETF has a 12-month low of $50.35 and a 12-month high of $52.20.

iShares High Yield Active ETF Increases Dividend

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