iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) Sees Large Increase in Short Interest

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,480 shares, a growth of 256.6% from the April 30th total of 415 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,310 shares, the short-interest ratio is currently 1.1 days.

iShares ESG Aware 60/40 Balanced Allocation ETF Stock Performance

BATS EAOR opened at $37.83 on Friday. The stock has a fifty day moving average of $36.23 and a 200-day moving average of $35.88. The stock has a market capitalization of $25.54 million, a P/E ratio of 20.67 and a beta of 0.66. iShares ESG Aware 60/40 Balanced Allocation ETF has a 52 week low of $32.22 and a 52 week high of $37.91.

Hedge Funds Weigh In On iShares ESG Aware 60/40 Balanced Allocation ETF

A hedge fund recently raised its stake in iShares ESG Aware 60/40 Balanced Allocation ETF stock. AdvisorNet Financial Inc raised its position in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) by 83.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,681 shares of the company’s stock after purchasing an additional 4,863 shares during the quarter. AdvisorNet Financial Inc owned 1.58% of iShares ESG Aware 60/40 Balanced Allocation ETF worth $372,000 as of its most recent SEC filing.

iShares ESG Aware 60/40 Balanced Allocation ETF Company Profile

The iShares ESG Aware Growth Allocation ETF (EAOR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an index-tracking fund-of-funds that provides moderately aggressive risk exposure to global stocks and bonds with positive ESG characteristics. EAOR was launched on Jun 12, 2020 and is managed by BlackRock.