First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 2,905 shares, a drop of 55.8% from the June 15th total of 6,575 shares. Based on an average trading volume of 9,562 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are short sold.
Institutional Investors Weigh In On First Trust Balanced Income ETF
Large investors have recently made changes to their positions in the company. Harbour Investments Inc. acquired a new position in First Trust Balanced Income ETF in the fourth quarter worth approximately $49,000. Kestra Advisory Services LLC bought a new stake in First Trust Balanced Income ETF in the fourth quarter worth approximately $182,000. Capital Investment Advisory Services LLC acquired a new position in shares of First Trust Balanced Income ETF during the 4th quarter worth $196,000. International Assets Investment Management LLC acquired a new position in shares of First Trust Balanced Income ETF during the 4th quarter worth $200,000. Finally, Jane Street Group LLC bought a new position in shares of First Trust Balanced Income ETF during the 4th quarter valued at $391,000.
First Trust Balanced Income ETF Price Performance
FTBI traded up $0.01 during trading on Wednesday, reaching $21.65. 2,673 shares of the stock traded hands, compared to its average volume of 4,824. The stock’s 50-day simple moving average is $21.71 and its two-hundred day simple moving average is $21.54. First Trust Balanced Income ETF has a fifty-two week low of $19.81 and a fifty-two week high of $24.14.
About First Trust Balanced Income ETF
The First Trust Balanced Income ETF (FTBI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates to exchange-traded funds across three asset classes: target income and buy-write income equity, actively managed investment grade fixed income, and target income commodities. FTBI was launched on May 28, 2025 and is issued by First Trust.
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