iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Stock Short Interest Climbs 242.0%

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 254,380 shares, a growth of 242.0% from the September 15th total of 74,374 shares. Based on an average daily volume of 460,331 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Weitzel Financial Services Inc. boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 12.1% in the second quarter. Weitzel Financial Services Inc. now owns 350,979 shares of the company’s stock valued at $17,991,000 after purchasing an additional 37,901 shares during the last quarter. Godshalk Welsh Capital Management Inc. grew its stake in iShares Core 40/60 Moderate Allocation ETF by 24.9% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 27,224 shares of the company’s stock valued at $1,290,000 after purchasing an additional 5,425 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Core 40/60 Moderate Allocation ETF by 21.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 20,623 shares of the company’s stock worth $1,029,000 after purchasing an additional 3,576 shares during the last quarter. Continuum Advisory LLC purchased a new stake in iShares Core 40/60 Moderate Allocation ETF during the 2nd quarter worth approximately $398,000. Finally, Cornerstone Planning Group LLC increased its holdings in iShares Core 40/60 Moderate Allocation ETF by 71.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 6,645 shares of the company’s stock worth $326,000 after purchasing an additional 2,779 shares during the last quarter.

iShares Core 40/60 Moderate Allocation ETF Price Performance

iShares Core 40/60 Moderate Allocation ETF stock traded up $0.14 during midday trading on Friday, hitting $48.82. 610,425 shares of the company were exchanged, compared to its average volume of 201,574. The company’s fifty day moving average price is $49.46 and its 200-day moving average price is $49.15. iShares Core 40/60 Moderate Allocation ETF has a fifty-two week low of $46.60 and a fifty-two week high of $50.16. The company has a market cap of $1.93 billion, a PE ratio of 19.75 and a beta of 0.52.

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.