iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) Sees Large Growth in Short Interest

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,480 shares, an increase of 256.6% from the April 30th total of 415 shares. Based on an average daily volume of 1,310 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the company’s shares are short sold.

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

A hedge fund recently bought a new stake in iShares ESG Aware 60/40 Balanced Allocation ETF stock. Birchwood Financial Partners Inc. purchased a new position in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 848 shares of the company’s stock, valued at approximately $30,000. Birchwood Financial Partners Inc. owned about 0.13% of iShares ESG Aware 60/40 Balanced Allocation ETF as of its most recent SEC filing.

iShares ESG Aware 60/40 Balanced Allocation ETF Price Performance

iShares ESG Aware 60/40 Balanced Allocation ETF stock traded up $0.06 during trading hours on Friday, reaching $37.83. The stock had a trading volume of 1,055 shares, compared to its average volume of 3,610. The stock has a market cap of $25.54 million, a PE ratio of 20.67 and a beta of 0.66. iShares ESG Aware 60/40 Balanced Allocation ETF has a 52 week low of $32.22 and a 52 week high of $37.91. The company has a fifty day simple moving average of $36.23 and a 200-day simple moving average of $35.88.

About iShares ESG Aware 60/40 Balanced Allocation ETF

The iShares ESG Aware Growth Allocation ETF (EAOR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an index-tracking fund-of-funds that provides moderately aggressive risk exposure to global stocks and bonds with positive ESG characteristics. EAOR was launched on Jun 12, 2020 and is managed by BlackRock.