iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) Sees Significant Decline in Short Interest

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 514 shares, a drop of 49.4% from the June 30th total of 1,016 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,401 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On iShares ESG Aware 60/40 Balanced Allocation ETF

A hedge fund recently raised its position in iShares ESG Aware 60/40 Balanced Allocation ETF stock. AdvisorNet Financial Inc boosted its holdings in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) by 83.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,681 shares of the company’s stock after purchasing an additional 4,863 shares during the quarter. AdvisorNet Financial Inc owned about 1.58% of iShares ESG Aware 60/40 Balanced Allocation ETF worth $372,000 at the end of the most recent quarter.

iShares ESG Aware 60/40 Balanced Allocation ETF Trading Up 0.2%

Shares of EAOR stock opened at $37.12 on Tuesday. iShares ESG Aware 60/40 Balanced Allocation ETF has a 12 month low of $33.12 and a 12 month high of $38.06. The stock has a market cap of $25.06 million, a PE ratio of 20.67 and a beta of 0.66. The company’s fifty day moving average price is $37.51 and its 200-day moving average price is $36.50.

iShares ESG Aware 60/40 Balanced Allocation ETF Company Profile

The iShares ESG Aware Growth Allocation ETF (EAOR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an index-tracking fund-of-funds that provides moderately aggressive risk exposure to global stocks and bonds with positive ESG characteristics. EAOR was launched on Jun 12, 2020 and is managed by BlackRock.