iShares Large Cap Core Active ETF (NASDAQ:BLCR) Stock Short Interest Jumps 159.7%

iShares Large Cap Core Active ETF (NASDAQ:BLCR) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 381,753 shares, an increase of 159.7% from the September 15th total of 146,984 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 5,419,562 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares Large Cap Core Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AdvisorNet Financial Inc purchased a new stake in shares of iShares Large Cap Core Active ETF in the first quarter valued at approximately $56,000. Vision Retirement LLC increased its holdings in shares of iShares Large Cap Core Active ETF by 692.0% in the second quarter. Vision Retirement LLC now owns 3,366 shares of the company’s stock valued at $170,000 after purchasing an additional 2,941 shares during the last quarter. Continuum Advisory LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the second quarter valued at approximately $241,000. Atlatl Advisers LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the second quarter valued at approximately $257,000. Finally, Mosaic Advisors LLC purchased a new position in iShares Large Cap Core Active ETF during the first quarter worth approximately $235,000.

iShares Large Cap Core Active ETF Trading Down 0.3%

BLCR stock traded down $0.15 during midday trading on Tuesday, reaching $49.93. The stock had a trading volume of 243,546 shares, compared to its average volume of 1,174,291. The company’s fifty day simple moving average is $49.60 and its 200 day simple moving average is $48.50. The company has a market cap of $9.68 billion, a price-to-earnings ratio of 29.58 and a beta of 1.19. iShares Large Cap Core Active ETF has a 52-week low of $39.40 and a 52-week high of $51.02.

iShares Large Cap Core Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.0664 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.0581. The ex-dividend date was Tuesday, September 15th.

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.