First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,932 shares, a decrease of 93.2% from the October 15th total of 28,244 shares. Based on an average trading volume of 5,444 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.
First Trust Balanced Income ETF Trading Up 0.7%
First Trust Balanced Income ETF stock traded up $0.14 during mid-day trading on Wednesday, hitting $21.29. 1,291 shares of the company’s stock traded hands, compared to its average volume of 5,930. First Trust Balanced Income ETF has a fifty-two week low of $19.81 and a fifty-two week high of $24.14. The firm has a 50 day simple moving average of $21.31 and a two-hundred day simple moving average of $21.51.
Institutional Trading of First Trust Balanced Income ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Harbour Investments Inc. acquired a new position in First Trust Balanced Income ETF in the 3rd quarter valued at about $97,000. Kestra Advisory Services LLC lifted its position in First Trust Balanced Income ETF by 16.3% during the third quarter. Kestra Advisory Services LLC now owns 22,052 shares of the company’s stock worth $464,000 after acquiring an additional 3,094 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in First Trust Balanced Income ETF during the second quarter worth approximately $89,000.
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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