iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Short Interest Up 70.9% in March

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 71,119 shares, an increase of 70.9% from the March 15th total of 41,606 shares. Based on an average daily trading volume, of 149,296 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

Shares of iShares Core 40/60 Moderate Allocation ETF stock opened at $48.60 on Wednesday. iShares Core 40/60 Moderate Allocation ETF has a one year low of $42.25 and a one year high of $49.25. The company has a market cap of $1.73 billion, a PE ratio of 19.75 and a beta of 0.52. The business has a 50-day simple moving average of $48.13 and a 200-day simple moving average of $47.99.

Hedge Funds Weigh In On iShares Core 40/60 Moderate Allocation ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the fourth quarter worth about $28,000. Painted Porch Advisors LLC acquired a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the third quarter worth about $51,000. Vermillion & White Wealth Management Group LLC grew its position in shares of iShares Core 40/60 Moderate Allocation ETF by 4,656.7% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,427 shares of the company’s stock worth $68,000 after buying an additional 1,397 shares in the last quarter. Strategic Advocates LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF in the third quarter valued at approximately $135,000. Finally, Root Financial Partners LLC acquired a new position in iShares Core 40/60 Moderate Allocation ETF in the third quarter valued at approximately $139,000.

iShares Core 40/60 Moderate Allocation ETF Company Profile

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.