Short Interest in First Trust Balanced Income ETF (NYSEARCA:FTBI) Declines By 42.7%

First Trust Balanced Income ETF (NYSEARCA:FTBI) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 18,356 shares, a decrease of 42.7% from the August 15th total of 32,030 shares. Based on an average trading volume of 8,410 shares, the short-interest ratio is presently 2.2 days. Approximately 1.8% of the company’s shares are short sold.

Institutional Trading of First Trust Balanced Income ETF

Hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC grew its position in shares of 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 acquiring an additional 6,673 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of First Trust Balanced Income ETF during the 2nd quarter valued at approximately $89,000. Finally, Harbour Investments Inc. bought a new position in First Trust Balanced Income ETF during the fourth quarter worth $49,000.

First Trust Balanced Income ETF Stock Performance

Shares of NYSEARCA:FTBI traded down $0.07 during mid-day trading on Wednesday, hitting $21.33. 27,657 shares of the company traded hands, compared to its average volume of 5,304. First Trust Balanced Income ETF has a 52-week low of $19.81 and a 52-week high of $24.14. The firm’s 50 day simple moving average is $21.69 and its 200 day simple moving average is $21.56.

First Trust Balanced Income ETF Company Profile

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.