First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 35,778 shares, an increase of 49.0% from the July 15th total of 24,006 shares. Based on an average trading volume of 4,750 shares, the days-to-cover ratio is presently 7.5 days. Approximately 3.6% of the company’s stock are short sold.
Hedge Funds Weigh In On First Trust Balanced Income ETF
Several institutional investors and hedge funds have recently bought and sold shares of FTBI. Harbour Investments Inc. bought a new position in shares of First Trust Balanced Income ETF during the 4th quarter worth $49,000. Kestra Advisory Services LLC raised its stake in First Trust Balanced Income ETF by 78.1% in the 1st quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock valued at $317,000 after acquiring an additional 6,673 shares during the period. International Assets Investment Management LLC bought a new stake in First Trust Balanced Income ETF in the 4th quarter valued at about $200,000. Finally, Jane Street Group LLC purchased a new stake in First Trust Balanced Income ETF during the fourth quarter valued at about $391,000.
First Trust Balanced Income ETF Stock Up 0.3%
First Trust Balanced Income ETF stock traded up $0.06 during midday trading on Wednesday, hitting $21.92. 7,249 shares of the stock were exchanged, compared to its average volume of 4,938. First Trust Balanced Income ETF has a 52-week low of $19.81 and a 52-week high of $24.14. The business’s 50-day moving average price is $21.71 and its 200-day moving average price is $21.56.
First Trust Balanced Income ETF Company Profile
The First Trust Balanced Income ETF (FTBI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates to exchange-traded funds across three asset classes: target income and buy-write income equity, actively managed investment grade fixed income, and target income commodities. FTBI was launched on May 28, 2025 and is issued by First Trust.
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