Short Interest in iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) Declines By 48.7%

iShares Long-Term U.S. Equity Active ETF (NASDAQ:BELT) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 757 shares, a drop of 48.7% from the May 14th total of 1,475 shares. Based on an average daily volume of 1,915 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are short sold.

iShares Long-Term U.S. Equity Active ETF Trading Up 2.4%

NASDAQ:BELT opened at $39.69 on Tuesday. iShares Long-Term U.S. Equity Active ETF has a twelve month low of $30.76 and a twelve month high of $40.18. The company has a market cap of $9.13 million, a price-to-earnings ratio of 38.22 and a beta of 1.41. The stock has a fifty day simple moving average of $38.00 and a 200-day simple moving average of $35.32.

iShares Long-Term U.S. Equity Active ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0077 per share. This represents a $0.03 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th.

iShares Long-Term U.S. Equity Active ETF Company Profile

The iShares Long-Term U.S. Equity Active ETF (BELT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital growth by investing in US equities of any market capitalization. BELT was launched on Jun 17, 2024 and is issued by BlackRock.