iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Shares Shorted: Short Interest Up 416.9% in September

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 137,172 shares, a growth of 416.9% from the August 31st total of 26,537 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 24,541 shares, the days-to-cover ratio is presently 5.6 days.

iShares Large Cap Deep Quarterly Laddered ETF Price Performance

Shares of BATS IVVB opened at $35.55 on Friday. The company has a market capitalization of $305.73 million, a price-to-earnings ratio of 24.72 and a beta of 0.72. The business has a 50-day moving average of $35.21 and a two-hundred day moving average of $34.28. iShares Large Cap Deep Quarterly Laddered ETF has a 1 year low of $31.67 and a 1 year high of $36.92.

Institutional Investors Weigh In On iShares Large Cap Deep Quarterly Laddered ETF

A hedge fund recently bought a new stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Operose Advisors LLC purchased a new stake in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,882 shares of the company’s stock, valued at approximately $65,000.

iShares Large Cap Deep Quarterly Laddered ETF Company Profile

The iShares Large Cap Deep Buffer ETF (IVVB) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a downside hedge against declines occurring in the range of 5-20%, during a calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.