iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Up 53.7% in December

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 298,260 shares, an increase of 53.7% from the November 30th total of 194,071 shares. Based on an average daily trading volume, of 462,826 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the company’s stock are short sold. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 462,826 shares, the days-to-cover ratio is currently 0.6 days.

iShares Core 60/40 Balanced Allocation ETF Price Performance

NYSEARCA AOR traded down $0.17 during mid-day trading on Monday, reaching $65.27. The stock had a trading volume of 184,356 shares, compared to its average volume of 270,241. The stock has a market cap of $2.92 billion, a PE ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a 1 year low of $52.97 and a 1 year high of $65.78. The company has a fifty day moving average price of $65.03 and a 200 day moving average price of $63.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AOR. NewEdge Advisors LLC increased its holdings in iShares Core 60/40 Balanced Allocation ETF by 10.2% in the 1st quarter. NewEdge Advisors LLC now owns 9,254 shares of the company’s stock worth $533,000 after buying an additional 857 shares in the last quarter. HFM Investment Advisors LLC purchased a new stake in shares of iShares Core 60/40 Balanced Allocation ETF during the 1st quarter valued at about $675,000. Harbor Investment Advisory LLC boosted its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 3.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 7,055 shares of the company’s stock valued at $434,000 after acquiring an additional 257 shares during the last quarter. Worth Asset Management LLC bought a new stake in shares of iShares Core 60/40 Balanced Allocation ETF in the second quarter worth approximately $23,462,000. Finally, ST Germain D J Co. Inc. purchased a new position in shares of iShares Core 60/40 Balanced Allocation ETF during the second quarter valued at approximately $58,000.

iShares Core 60/40 Balanced Allocation ETF Company Profile

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.