Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Decreases By 50.5%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 91,708 shares, a decrease of 50.5% from the April 15th total of 185,292 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 327,550 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. GGM Financials LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 3rd quarter worth approximately $26,000. Private Trust Co. NA acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $33,000. Ransom Advisory Ltd acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $65,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 4th quarter worth approximately $73,000.

iShares Core 60/40 Balanced Allocation ETF Trading Down 1.2%

NYSEARCA:AOR traded down $0.84 during trading hours on Friday, hitting $68.13. The company had a trading volume of 294,443 shares, compared to its average volume of 412,203. The company has a 50-day moving average of $66.17 and a 200 day moving average of $65.89. The company has a market cap of $3.50 billion, a P/E ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a 1 year low of $58.56 and a 1 year high of $69.11.

About iShares Core 60/40 Balanced Allocation ETF

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.