iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Short Interest Down 36.5% in May

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 20,567 shares, a decline of 36.5% from the April 30th total of 32,376 shares. Based on an average daily trading volume, of 11,828 shares, the short-interest ratio is presently 1.7 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares Large Cap Value Active ETF

A hedge fund recently raised its stake in iShares Large Cap Value Active ETF stock. Roxbury Financial LLC grew its holdings in shares of iShares Large Cap Value Active ETF (NYSEARCA:BLCV) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,153 shares of the company’s stock after buying an additional 478 shares during the quarter. Roxbury Financial LLC owned 0.23% of iShares Large Cap Value Active ETF worth $230,000 at the end of the most recent reporting period.

iShares Large Cap Value Active ETF Stock Performance

BLCV stock opened at $40.03 on Wednesday. The stock’s 50 day simple moving average is $38.16 and its 200 day simple moving average is $37.85. The company has a market cap of $324.24 million, a P/E ratio of 16.21 and a beta of 0.83. iShares Large Cap Value Active ETF has a fifty-two week low of $33.10 and a fifty-two week high of $40.10.

iShares Large Cap Value Active ETF Company Profile

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.