iShares Advantage Large Cap Income ETF (BATS:BALI) Short Interest Update

iShares Advantage Large Cap Income ETF (BATS:BALI) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 70,087 shares, a decrease of 47.5% from the May 14th total of 133,431 shares. Approximately 6.5% of the company’s stock are short sold. Based on an average daily volume of 285,589 shares, the days-to-cover ratio is currently 0.2 days.

iShares Advantage Large Cap Income ETF Price Performance

Shares of BATS BALI opened at $33.62 on Friday. The stock has a market capitalization of $36.31 million, a P/E ratio of 23.77 and a beta of 0.85. iShares Advantage Large Cap Income ETF has a 1-year low of $29.08 and a 1-year high of $34.50. The business has a fifty day moving average price of $32.99 and a 200 day moving average price of $32.19.

Institutional Investors Weigh In On iShares Advantage Large Cap Income ETF

A number of hedge funds have recently made changes to their positions in the stock. Arkadios Wealth Advisors lifted its stake in shares of iShares Advantage Large Cap Income ETF by 45.1% during the 1st quarter. Arkadios Wealth Advisors now owns 30,794 shares of the company’s stock worth $949,000 after purchasing an additional 9,573 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in shares of iShares Advantage Large Cap Income ETF by 25.8% during the 1st quarter. Sunbelt Securities Inc. now owns 20,846 shares of the company’s stock worth $642,000 after purchasing an additional 4,278 shares during the last quarter. Beacon Financial Group lifted its stake in shares of iShares Advantage Large Cap Income ETF by 0.7% during the 1st quarter. Beacon Financial Group now owns 61,281 shares of the company’s stock worth $1,888,000 after purchasing an additional 429 shares during the last quarter. First Horizon Corp purchased a new stake in shares of iShares Advantage Large Cap Income ETF during the 1st quarter worth $1,681,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares Advantage Large Cap Income ETF by 28.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,451 shares of the company’s stock worth $322,000 after purchasing an additional 2,289 shares during the last quarter.

iShares Advantage Large Cap Income ETF Company Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.