iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Update

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 91,708 shares, a drop of 50.5% from the April 15th total of 185,292 shares. Based on an average daily trading volume, of 327,550 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

iShares Core 60/40 Balanced Allocation ETF Price Performance

NYSEARCA:AOR traded down $0.84 during midday trading on Friday, reaching $68.13. The stock had a trading volume of 294,443 shares, compared to its average volume of 412,203. iShares Core 60/40 Balanced Allocation ETF has a 1-year low of $58.56 and a 1-year high of $69.11. The firm’s fifty day simple moving average is $66.17 and its 200-day simple moving average is $65.89. The stock has a market capitalization of $3.50 billion, a P/E ratio of 19.83 and a beta of 0.65.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AOR. GGM Financials LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF in the 3rd quarter valued at $26,000. Private Trust Co. NA bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at $27,000. Strategic Investment Solutions Inc. IL bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at $33,000. Ransom Advisory Ltd bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at $65,000. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares Core 60/40 Balanced Allocation ETF in the 4th quarter valued at $73,000.

iShares Core 60/40 Balanced Allocation ETF Company Profile

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.