Short Interest in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Grows By 63.5%

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 5,122 shares, an increase of 63.5% from the January 29th total of 3,133 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 20,223 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 20,223 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Large Cap Value Active ETF stock. Roxbury Financial LLC lifted its stake in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) by 8.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,153 shares of the company’s stock after buying an additional 478 shares during the period. Roxbury Financial LLC owned about 0.23% of iShares Large Cap Value Active ETF worth $230,000 at the end of the most recent reporting period.

iShares Large Cap Value Active ETF Stock Down 0.3%

Shares of BLCV traded down $0.12 during mid-day trading on Friday, hitting $38.43. The stock had a trading volume of 4,482 shares, compared to its average volume of 20,407. iShares Large Cap Value Active ETF has a fifty-two week low of $28.52 and a fifty-two week high of $39.31. The company’s fifty day simple moving average is $38.37 and its two-hundred day simple moving average is $36.85. The company has a market cap of $104.15 million, a PE ratio of 16.21 and a beta of 0.82.

About iShares Large Cap Value Active ETF

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.