iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) Sees Large Decline in Short Interest

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 1,016 shares, a drop of 92.5% from the June 15th total of 13,625 shares. Based on an average trading volume of 1,005 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares ESG Aware 60/40 Balanced Allocation ETF stock. Birchwood Financial Partners Inc. bought a new position in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 848 shares of the company’s stock, valued at approximately $30,000. Birchwood Financial Partners Inc. owned 0.13% of iShares ESG Aware 60/40 Balanced Allocation ETF at the end of the most recent reporting period.

iShares ESG Aware 60/40 Balanced Allocation ETF Trading Up 0.2%

iShares ESG Aware 60/40 Balanced Allocation ETF stock traded up $0.08 during trading hours on Friday, reaching $37.65. 674 shares of the company were exchanged, compared to its average volume of 3,137. iShares ESG Aware 60/40 Balanced Allocation ETF has a 12 month low of $33.05 and a 12 month high of $38.06. The stock has a 50-day moving average of $37.45 and a 200 day moving average of $36.35. The firm has a market cap of $25.41 million, a price-to-earnings ratio of 20.67 and a beta of 0.66.

iShares ESG Aware 60/40 Balanced Allocation ETF Company Profile

The iShares ESG Aware Growth Allocation ETF (EAOR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an index-tracking fund-of-funds that provides moderately aggressive risk exposure to global stocks and bonds with positive ESG characteristics. EAOR was launched on Jun 12, 2020 and is managed by BlackRock.