First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 35,778 shares, an increase of 49.0% from the July 15th total of 24,006 shares. Based on an average daily volume of 4,750 shares, the days-to-cover ratio is presently 7.5 days. Currently, 3.6% of the company’s stock are short sold.
Institutional Investors Weigh In On First Trust Balanced Income ETF
A number of institutional investors have recently modified their holdings of the stock. Harbour Investments Inc. bought a new position in shares of First Trust Balanced Income ETF during the fourth quarter valued at $49,000. Kestra Advisory Services LLC bought a new position in First Trust Balanced Income ETF in the 4th quarter worth about $182,000. International Assets Investment Management LLC bought a new position in First Trust Balanced Income ETF in the 4th quarter worth about $200,000. Finally, Jane Street Group LLC purchased a new stake in First Trust Balanced Income ETF during the 4th quarter valued at about $391,000.
First Trust Balanced Income ETF Stock Performance
Shares of First Trust Balanced Income ETF stock traded down $0.08 during midday trading on Tuesday, hitting $21.91. The company had a trading volume of 5,943 shares, compared to its average volume of 4,911. First Trust Balanced Income ETF has a 52-week low of $19.81 and a 52-week high of $24.14. The company has a 50 day moving average of $21.71 and a 200 day moving average of $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.
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