iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Shares Shorted: Short Interest Down 70.3% in September

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 16,705 shares, a decrease of 70.3% from the September 15th total of 56,214 shares. Based on an average trading volume of 43,755 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the company’s stock are sold short.

iShares Large Cap Moderate Quarterly Laddered ETF Price Performance

Shares of BATS IVVM opened at $38.25 on Tuesday. The business has a 50-day moving average of $37.84 and a 200-day moving average of $36.85. The stock has a market capitalization of $107.10 million, a price-to-earnings ratio of 24.56 and a beta of 0.54. iShares Large Cap Moderate Quarterly Laddered ETF has a fifty-two week low of $33.29 and a fifty-two week high of $38.30.

iShares Large Cap Moderate Quarterly Laddered ETF Company Profile

The iShares Large Cap Moderate Buffer ETF (IVVM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.