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

iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,480 shares, a growth of 256.6% from the April 30th total of 415 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,310 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On iShares ESG Aware 60/40 Balanced Allocation ETF

An institutional investor recently bought a new position in iShares ESG Aware 60/40 Balanced Allocation ETF stock. Birchwood Financial Partners Inc. acquired a new stake in iShares ESG Aware 60/40 Balanced Allocation ETF (BATS:EAOR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 848 shares of the company’s stock, valued at approximately $30,000. Birchwood Financial Partners Inc. owned 0.13% of iShares ESG Aware 60/40 Balanced Allocation ETF as of its most recent SEC filing.

iShares ESG Aware 60/40 Balanced Allocation ETF Stock Up 0.4%

Shares of EAOR stock opened at $37.77 on Friday. The stock has a market cap of $25.49 million, a PE ratio of 20.67 and a beta of 0.66. The business has a 50-day simple moving average of $36.17 and a 200-day simple moving average of $35.86. iShares ESG Aware 60/40 Balanced Allocation ETF has a 52-week low of $32.22 and a 52-week high of $37.80.

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.