First Trust Balanced Income ETF (NYSEARCA:FTBI) Short Interest Update

First Trust Balanced Income ETF (NYSEARCA:FTBI) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 5,937 shares, a growth of 404.0% from the April 15th total of 1,178 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 1,652 shares, the days-to-cover ratio is presently 3.6 days.

First Trust Balanced Income ETF Price Performance

FTBI stock opened at $21.61 on Wednesday. The stock’s fifty day simple moving average is $21.30 and its two-hundred day simple moving average is $21.40. First Trust Balanced Income ETF has a 1-year low of $19.81 and a 1-year high of $23.73.

Hedge Funds Weigh In On First Trust Balanced Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FTBI. Jane Street Group LLC bought a new position in First Trust Balanced Income ETF during the second quarter valued at about $399,000. Kestra Advisory Services LLC grew its position in shares of First Trust Balanced Income ETF by 78.1% during 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 position in shares of First Trust Balanced Income ETF during the 4th quarter valued at approximately $200,000. Capital Investment Advisory Services LLC purchased a new stake in shares of First Trust Balanced Income ETF during the 4th quarter worth approximately $196,000. Finally, Harbour Investments Inc. bought a new stake in shares of First Trust Balanced Income ETF in the 4th quarter worth approximately $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.