iShares Advantage Large Cap Income ETF (BATS:BALI) Short Interest Update

iShares Advantage Large Cap Income ETF (BATS:BALI) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 69,759 shares, a drop of 35.3% from the July 15th total of 107,753 shares. Based on an average daily trading volume, of 211,880 shares, the short-interest ratio is presently 0.3 days. Currently, 6.5% of the company’s shares are sold short.

Institutional Trading of iShares Advantage Large Cap Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in iShares Advantage Large Cap Income ETF by 6.4% in the first quarter. NewEdge Advisors LLC now owns 6,533 shares of the company’s stock valued at $188,000 after acquiring an additional 394 shares during the period. Beacon Financial Group grew its position in iShares Advantage Large Cap Income ETF by 0.7% in the 1st quarter. Beacon Financial Group now owns 61,281 shares of the company’s stock valued at $1,888,000 after purchasing an additional 429 shares during the period. Madison Wealth Partners Inc increased its stake in iShares Advantage Large Cap Income ETF by 5.8% during the 4th quarter. Madison Wealth Partners Inc now owns 8,254 shares of the company’s stock valued at $261,000 after purchasing an additional 452 shares in the last quarter. Security Financial Services INC. raised its holdings in iShares Advantage Large Cap Income ETF by 7.8% during the fourth quarter. Security Financial Services INC. now owns 9,680 shares of the company’s stock worth $307,000 after buying an additional 697 shares during the last quarter. Finally, Detalus Advisors LLC raised its holdings in iShares Advantage Large Cap Income ETF by 7.2% during the fourth quarter. Detalus Advisors LLC now owns 17,694 shares of the company’s stock worth $561,000 after buying an additional 1,181 shares during the last quarter.

iShares Advantage Large Cap Income ETF Stock Performance

Shares of BATS BALI opened at $34.90 on Wednesday. iShares Advantage Large Cap Income ETF has a 52-week low of $29.94 and a 52-week high of $35.39. The firm has a 50 day moving average price of $33.98 and a two-hundred day moving average price of $32.91. The stock has a market cap of $37.69 million, a P/E ratio of 23.77 and a beta of 0.85.

iShares Advantage Large Cap Income ETF Company Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.