Short Interest in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Expands By 112.4%

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 42,862 shares, an increase of 112.4% from the August 15th total of 20,176 shares. Based on an average daily trading volume, of 6,722 shares, the short-interest ratio is currently 6.4 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Trading of iShares Large Cap Value Active ETF

A hedge fund recently raised its stake in iShares Large Cap Value Active ETF stock. Roxbury Financial LLC lifted its stake in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) by 4.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,434 shares of the company’s stock after buying an additional 281 shares during the period. Roxbury Financial LLC owned approximately 0.08% of iShares Large Cap Value Active ETF worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

iShares Large Cap Value Active ETF Stock Down 1.0%

Shares of NYSEARCA:BLCV opened at $42.37 on Wednesday. iShares Large Cap Value Active ETF has a 12-month low of $34.85 and a 12-month high of $43.77. The business has a 50 day moving average of $42.70 and a 200-day moving average of $40.15. The stock has a market cap of $340.65 million, a PE ratio of 16.21 and a beta of 0.76.

iShares Large Cap Value Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.1386 per share. This is an increase from iShares Large Cap Value Active ETF’s previous quarterly dividend of $0.12. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

About iShares Large Cap Value Active ETF

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.