BlackRock High Yield ETF (NASDAQ:BRHY) Sees Large Decline in Short Interest

BlackRock High Yield ETF (NASDAQ:BRHYGet Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 2,400 shares, a drop of 27.3% from the August 31st total of 3,300 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 1.8 days.

BlackRock High Yield ETF Price Performance

NASDAQ BRHY traded up $0.03 during trading hours on Friday, reaching $52.09. 969 shares of the company’s stock traded hands, compared to its average volume of 1,600. The business’s 50-day simple moving average is $51.51. BlackRock High Yield ETF has a 52-week low of $50.35 and a 52-week high of $52.12.

BlackRock High Yield ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.3013 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $3.62 dividend on an annualized basis and a dividend yield of 6.94%.

Further Reading

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