Short Interest in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Rises By 38.9%

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 127,188 shares, a growth of 38.9% from the November 30th total of 91,595 shares. Based on an average daily volume of 276,623 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 276,623 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On iShares Core 40/60 Moderate Allocation ETF

Several large investors have recently added to or reduced their stakes in AOM. Weitzel Financial Services Inc. boosted its position in shares of iShares Core 40/60 Moderate Allocation ETF by 4.0% in the third quarter. Weitzel Financial Services Inc. now owns 288,776 shares of the company’s stock worth $13,648,000 after purchasing an additional 11,208 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares Core 40/60 Moderate Allocation ETF by 6.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 281,931 shares of the company’s stock valued at $12,995,000 after purchasing an additional 17,790 shares during the period. American Trust lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 0.6% during the 3rd quarter. American Trust now owns 98,698 shares of the company’s stock valued at $4,696,000 after buying an additional 613 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 148.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 45,472 shares of the company’s stock valued at $2,094,000 after buying an additional 27,156 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares Core 40/60 Moderate Allocation ETF by 2,551.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 31,476 shares of the company’s stock worth $1,449,000 after buying an additional 30,289 shares during the period.

iShares Core 40/60 Moderate Allocation ETF Stock Down 0.1%

NYSEARCA AOM opened at $47.93 on Tuesday. iShares Core 40/60 Moderate Allocation ETF has a 52 week low of $41.20 and a 52 week high of $48.36. The company has a market capitalization of $1.63 billion, a P/E ratio of 19.75 and a beta of 0.52. The stock’s 50-day moving average price is $47.89 and its 200-day moving average price is $46.98.

About iShares Core 40/60 Moderate Allocation ETF

iShares Moderate Allocation ETF, formerly iShares S&P Moderate Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.