iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Shares Shorted: Short Interest Up 209.0% in September

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 199,607 shares, an increase of 209.0% from the August 31st total of 64,592 shares. Based on an average trading volume of 593,145 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the company are short sold.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

Shares of iShares Core 60/40 Balanced Allocation ETF stock traded up $0.32 on Friday, reaching $69.25. 499,683 shares of the company were exchanged, compared to its average volume of 378,072. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $62.96 and a 1-year high of $70.49. The company’s 50-day moving average is $69.38 and its two-hundred day moving average is $68.20.

Institutional Investors Weigh In On iShares Core 60/40 Balanced Allocation ETF

Hedge funds have recently added to or reduced their stakes in the stock. NBT Bank N A NY boosted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 157,167.7% during the first quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock valued at $6,578,000 after acquiring an additional 102,159 shares during the period. Worth Asset Management LLC increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 7.6% in the 2nd quarter. Worth Asset Management LLC now owns 742,669 shares of the company’s stock worth $51,615,000 after acquiring an additional 52,693 shares during the period. SOA Wealth Advisors LLC. lifted its position in iShares Core 60/40 Balanced Allocation ETF by 1,205.7% in the 1st quarter. SOA Wealth Advisors LLC. now owns 8,996 shares of the company’s stock valued at $579,000 after purchasing an additional 8,307 shares during the last quarter. Continuum Advisory LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at about $400,000. Finally, Valeo Financial Advisors LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the 2nd quarter valued at about $306,000.

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.