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

iShares Advantage Large Cap Income ETF (BATS:BALI) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 159,541 shares, an increase of 127.6% from the May 31st total of 70,087 shares. Based on an average daily volume of 294,807 shares, the days-to-cover ratio is currently 0.5 days. Currently, 14.8% of the company’s stock are short sold.

iShares Advantage Large Cap Income ETF Price Performance

BALI opened at $33.29 on Monday. The stock has a fifty day moving average of $33.43 and a 200-day moving average of $32.33. The firm has a market capitalization of $35.95 million, a P/E ratio of 23.77 and a beta of 0.85. iShares Advantage Large Cap Income ETF has a 12-month low of $29.75 and a 12-month high of $34.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BALI. SigFig Wealth Management LLC lifted its stake in iShares Advantage Large Cap Income ETF by 2.9% in the 4th quarter. SigFig Wealth Management LLC now owns 12,252 shares of the company’s stock worth $388,000 after acquiring an additional 349 shares in the last quarter. NewEdge Advisors LLC grew its stake in iShares Advantage Large Cap Income ETF by 6.4% during the 1st quarter. NewEdge Advisors LLC now owns 6,533 shares of the company’s stock valued at $188,000 after acquiring an additional 394 shares in the last quarter. Beacon Financial Group increased its holdings in shares of iShares Advantage Large Cap Income ETF by 0.7% in the 1st quarter. Beacon Financial Group now owns 61,281 shares of the company’s stock valued at $1,888,000 after purchasing an additional 429 shares during the period. Madison Wealth Partners Inc increased its holdings in shares of iShares Advantage Large Cap Income ETF by 5.8% in the 4th quarter. Madison Wealth Partners Inc now owns 8,254 shares of the company’s stock valued at $261,000 after purchasing an additional 452 shares during the period. Finally, Avantra Family Wealth Inc. lifted its position in shares of iShares Advantage Large Cap Income ETF by 3.9% in the fourth quarter. Avantra Family Wealth Inc. now owns 12,857 shares of the company’s stock worth $407,000 after purchasing an additional 477 shares in 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.