First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 24,006 shares, an increase of 726.4% from the June 30th total of 2,905 shares. Based on an average trading volume of 5,925 shares, the short-interest ratio is currently 4.1 days. Currently, 2.4% of the shares of the company are short sold.
First Trust Balanced Income ETF Stock Up 0.2%
First Trust Balanced Income ETF stock opened at $21.40 on Friday. First Trust Balanced Income ETF has a 12 month low of $19.81 and a 12 month high of $24.14. The stock’s 50 day moving average is $21.69 and its 200-day moving average is $21.54.
Institutional Trading of First Trust Balanced Income ETF
Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in First Trust Balanced Income ETF in the 2nd quarter valued at $399,000. Kestra Advisory Services LLC lifted its holdings in shares of First Trust Balanced Income ETF by 78.1% during the first quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after buying an additional 6,673 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of First Trust Balanced Income ETF in the fourth quarter valued at about $200,000. Capital Investment Advisory Services LLC bought a new stake in shares of First Trust Balanced Income ETF in the fourth quarter valued at about $196,000. Finally, Harbour Investments Inc. bought a new stake in shares of First Trust Balanced Income ETF in the fourth quarter valued at about $49,000.
About First Trust Balanced Income ETF
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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