iShares Large Cap Core Active ETF (NASDAQ:BLCR) Sees Large Growth in Short Interest

iShares Large Cap Core Active ETF (NASDAQ:BLCR) was the recipient of a large increase in short interest during the month of 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. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 5,419,562 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. AdvisorNet Financial Inc purchased a new position in shares of iShares Large Cap Core Active ETF in the first quarter worth approximately $56,000. Vision Retirement LLC grew its position in iShares Large Cap Core Active ETF by 692.0% during the second quarter. Vision Retirement LLC now owns 3,366 shares of the company’s stock valued at $170,000 after buying an additional 2,941 shares during the period. Continuum Advisory LLC bought a new stake in iShares Large Cap Core Active ETF during the second quarter valued at approximately $241,000. Atlatl Advisers LLC purchased a new stake in iShares Large Cap Core Active ETF during the second quarter valued at approximately $257,000. Finally, Mosaic Advisors LLC purchased a new stake in iShares Large Cap Core Active ETF during the first quarter valued at approximately $235,000.

iShares Large Cap Core Active ETF Price Performance

Shares of BLCR traded down $0.49 during trading hours on Wednesday, hitting $49.70. The stock had a trading volume of 51,070 shares, compared to its average volume of 1,172,080. iShares Large Cap Core Active ETF has a 12 month low of $39.45 and a 12 month high of $51.02. The firm has a market capitalization of $9.64 billion, a PE ratio of 29.58 and a beta of 1.19. The stock has a fifty day moving average price of $49.59 and a 200 day moving average price of $48.56.

iShares Large Cap Core Active ETF Increases Dividend

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

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.