iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) Sees Significant Growth in Short Interest

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,480 shares, an increase of 256.6% from the April 30th total of 415 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,310 shares, the days-to-cover ratio is currently 1.1 days.

iShares ESG Aware 60/40 Balanced Allocation ETF Stock Up 0.4%

Shares of EAOR stock opened at $37.77 on Friday. The stock has a market cap of $25.49 million, a PE ratio of 20.67 and a beta of 0.66. The business has a 50-day simple moving average of $36.17 and a 200-day simple moving average of $35.86. iShares ESG Aware 60/40 Balanced Allocation ETF has a 52-week low of $32.22 and a 52-week high of $37.80.

Hedge Funds Weigh In On iShares ESG Aware 60/40 Balanced Allocation ETF

A hedge fund recently bought a new stake in iShares ESG Aware 60/40 Balanced Allocation ETF stock. Birchwood Financial Partners Inc. purchased a new stake in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 848 shares of the company’s stock, valued at approximately $30,000. Birchwood Financial Partners Inc. owned approximately 0.13% of iShares ESG Aware 60/40 Balanced Allocation ETF as of its most recent SEC filing.

About iShares ESG Aware 60/40 Balanced Allocation ETF

The iShares ESG Aware Growth Allocation ETF (EAOR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an index-tracking fund-of-funds that provides moderately aggressive risk exposure to global stocks and bonds with positive ESG characteristics. EAOR was launched on Jun 12, 2020 and is managed by BlackRock.