iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Stock Short Interest Climbs 277.5%

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 74,374 shares, a growth of 277.5% from the August 31st total of 19,704 shares. Based on an average daily volume of 374,589 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

Shares of AOM stock opened at $49.20 on Monday. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. The stock has a 50 day simple moving average of $49.49 and a 200-day simple moving average of $49.08. iShares Core 40/60 Moderate Allocation ETF has a 12-month low of $46.60 and a 12-month high of $50.16.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Weitzel Financial Services Inc. increased its holdings in shares of iShares Core 40/60 Moderate Allocation ETF by 12.1% in the 2nd quarter. Weitzel Financial Services Inc. now owns 350,979 shares of the company’s stock valued at $17,991,000 after purchasing an additional 37,901 shares in the last quarter. Mosley Wealth Management purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the fourth quarter worth about $510,000. Continuum Advisory LLC purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the second quarter worth about $398,000. Compass Financial Management LLC purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the second quarter worth about $288,000. Finally, Godshalk Welsh Capital Management Inc. grew its position in iShares Core 40/60 Moderate Allocation ETF by 24.9% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 27,224 shares of the company’s stock worth $1,290,000 after buying an additional 5,425 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Company Profile

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.