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

First Trust Balanced Income ETF (NYSEARCA:FTBI) saw a large increase in short interest in the month of 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. Currently, 3.6% of the company’s stock are short sold. Based on an average daily volume of 4,750 shares, the days-to-cover ratio is presently 7.5 days.

Hedge Funds Weigh In On First Trust Balanced Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. purchased a new stake in shares of First Trust Balanced Income ETF in the 4th quarter worth about $49,000. Kestra Advisory Services LLC bought a new stake in First Trust Balanced Income ETF during the fourth quarter worth about $182,000. International Assets Investment Management LLC bought a new stake in First Trust Balanced Income ETF during the fourth quarter worth about $200,000. Finally, Jane Street Group LLC purchased a new stake in First Trust Balanced Income ETF in the fourth quarter worth about $391,000.

First Trust Balanced Income ETF Trading Down 0.4%

Shares of NYSEARCA FTBI traded down $0.08 during mid-day trading on Tuesday, hitting $21.91. 5,943 shares of the stock traded hands, compared to its average volume of 4,911. First Trust Balanced Income ETF has a 52 week low of $19.81 and a 52 week high of $24.14. The stock has a fifty day moving average price of $21.71 and a 200-day moving average price of $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.