Short Interest in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Decreases By 94.6%

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 6,164 shares, a decrease of 94.6% from the December 15th total of 114,685 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 14,236 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 14,236 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

iShares Large Cap Value Active ETF Price Performance

Shares of NYSEARCA:BLCV traded down $0.01 during trading on Monday, reaching $38.47. The company had a trading volume of 190,104 shares, compared to its average volume of 43,543. The stock’s fifty day moving average price is $37.00 and its 200 day moving average price is $35.96. iShares Large Cap Value Active ETF has a fifty-two week low of $28.52 and a fifty-two week high of $38.52. The firm has a market capitalization of $105.41 million, a price-to-earnings ratio of 16.21 and a beta of 0.82.

Hedge Funds Weigh In On iShares Large Cap Value Active ETF

An institutional investor recently raised its position in iShares Large Cap Value Active ETF stock. Roxbury Financial LLC boosted its stake in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) by 8.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,153 shares of the company’s stock after acquiring an additional 478 shares during the quarter. Roxbury Financial LLC owned about 0.23% of iShares Large Cap Value Active ETF worth $230,000 at the end of the most recent reporting period.

About iShares Large Cap Value Active ETF

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.