Short Interest in First Trust Balanced Income ETF (NYSEARCA:FTBI) Grows By 49.0%

First Trust Balanced Income ETF (NYSEARCA:FTBI) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 35,778 shares, an increase of 49.0% from the July 15th total of 24,006 shares. Based on an average daily volume of 4,750 shares, the short-interest ratio is presently 7.5 days. Approximately 3.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On First Trust Balanced Income ETF

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in First Trust Balanced Income ETF during the second quarter valued at $399,000. Kestra Advisory Services LLC lifted its stake in First Trust Balanced Income ETF by 78.1% in the 1st quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after purchasing an additional 6,673 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in First Trust Balanced Income ETF in the 4th quarter worth $200,000. Finally, Harbour Investments Inc. bought a new position in shares of First Trust Balanced Income ETF during the 4th quarter valued at about $49,000.

First Trust Balanced Income ETF Stock Performance

FTBI stock opened at $21.91 on Thursday. First Trust Balanced Income ETF has a 1-year low of $19.81 and a 1-year high of $24.14. The business has a 50 day simple moving average of $21.72 and a two-hundred day simple moving average of $21.57.

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.