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

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,016 shares, a decline of 92.5% from the June 15th total of 13,625 shares. Based on an average daily volume of 1,005 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in iShares ESG Aware 60/40 Balanced Allocation ETF stock. AdvisorNet Financial Inc increased its holdings in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) by 83.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,681 shares of the company’s stock after buying an additional 4,863 shares during the quarter. AdvisorNet Financial Inc owned about 1.58% of iShares ESG Aware 60/40 Balanced Allocation ETF worth $372,000 at the end of the most recent reporting period.

iShares ESG Aware 60/40 Balanced Allocation ETF Stock Performance

Shares of BATS EAOR traded up $0.08 during midday trading on Friday, hitting $37.65. The company’s stock had a trading volume of 674 shares, compared to its average volume of 3,137. The firm has a market cap of $25.41 million, a P/E ratio of 20.67 and a beta of 0.66. iShares ESG Aware 60/40 Balanced Allocation ETF has a 1-year low of $33.05 and a 1-year high of $38.06. The firm’s fifty day moving average price is $37.47 and its 200-day moving average price is $36.36.

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.