Short Interest in iShares Large Cap Core Active ETF (NASDAQ:BLCR) Grows By 82.0%

iShares Large Cap Core Active ETF (NASDAQ:BLCR) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 124,112 shares, an increase of 82.0% from the August 15th total of 68,200 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 383,896 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BLCR. Bank of New York Mellon Corp acquired a new stake in iShares Large Cap Core Active ETF during the 1st quarter worth approximately $73,472,000. Janney Montgomery Scott LLC acquired a new position in shares of iShares Large Cap Core Active ETF in the first quarter worth $73,344,000. Beacon Financial Group purchased a new stake in shares of iShares Large Cap Core Active ETF during the first quarter worth $8,807,000. Tsfg LLC purchased a new stake in shares of iShares Large Cap Core Active ETF during the second quarter worth $8,107,000. Finally, Fifth Third Wealth Advisors LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at $3,066,000.

iShares Large Cap Core Active ETF Stock Performance

Shares of BLCR stock opened at $48.36 on Thursday. The firm has a market cap of $6.40 billion, a P/E ratio of 29.58 and a beta of 1.20. The firm’s 50 day moving average price is $49.31 and its 200-day moving average price is $47.58. iShares Large Cap Core Active ETF has a one year low of $38.86 and a one year high of $51.02.

iShares Large Cap Core Active ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, September 15th will be issued a $0.0664 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.27 annualized dividend and a dividend yield of 0.5%. This is a boost from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.06.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.