iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Down 39.5% in May

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 55,486 shares, a decline of 39.5% from the April 30th total of 91,708 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 388,192 shares, the days-to-cover ratio is currently 0.1 days.

iShares Core 60/40 Balanced Allocation ETF Stock Down 0.4%

AOR stock traded down $0.30 during midday trading on Wednesday, reaching $69.55. 28,528 shares of the company’s stock traded hands, compared to its average volume of 402,865. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. The firm’s fifty day moving average price is $66.97 and its 200-day moving average price is $66.19. iShares Core 60/40 Balanced Allocation ETF has a 52 week low of $59.75 and a 52 week high of $69.92.

Institutional Trading of iShares Core 60/40 Balanced Allocation ETF

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

iShares Core 60/40 Balanced Allocation ETF Company Profile

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.