iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Up 95.4% in April

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 102,933 shares, an increase of 95.4% from the April 15th total of 52,679 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 133,796 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AOK. Kohmann Bosshard Financial Services LLC purchased a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter valued at about $30,000. Root Financial Partners LLC purchased a new position in iShares Core 30/70 Conservative Allocation ETF in the 3rd quarter valued at about $33,000. Sunbelt Securities Inc. lifted its holdings in iShares Core 30/70 Conservative Allocation ETF by 127.9% in the 1st quarter. Sunbelt Securities Inc. now owns 816 shares of the company’s stock valued at $33,000 after purchasing an additional 458 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter valued at about $97,000. Finally, Farther Finance Advisors LLC lifted its holdings in iShares Core 30/70 Conservative Allocation ETF by 175.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock valued at $111,000 after purchasing an additional 1,760 shares in the last quarter.

iShares Core 30/70 Conservative Allocation ETF Trading Up 0.0%

Shares of NYSEARCA AOK opened at $40.89 on Tuesday. The stock has a market cap of $754.42 million, a price-to-earnings ratio of 19.61 and a beta of 0.45. iShares Core 30/70 Conservative Allocation ETF has a 52 week low of $37.73 and a 52 week high of $41.42. The company’s 50-day moving average price is $40.49 and its 200 day moving average price is $40.55.

About iShares Core 30/70 Conservative Allocation ETF

iShares Conservative Allocation ETF, formerly iShares S&P Conservative Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Conservative Index (the Conservative Allocation Index). The Conservative Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a conservative risk profile. The Fund is designed for investors seeking current income and capital preservation.