iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) Sees Significant Decrease in Short Interest

iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOMGet Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 5,174 shares, a drop of 55.5% from the July 15th total of 11,625 shares. Based on an average daily trading volume, of 2,548 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.1% of the shares of the stock are sold short.

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

An institutional investor recently bought a new stake in iShares ESG Aware 40/60 Moderate Allocation ETF stock. Financial Avengers Inc. purchased a new stake in iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOMFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 875 shares of the company’s stock, valued at approximately $26,000. Financial Avengers Inc. owned approximately 0.35% of iShares ESG Aware 40/60 Moderate Allocation ETF at the end of the most recent reporting period.

iShares ESG Aware 40/60 Moderate Allocation ETF Price Performance

BATS:EAOM opened at $31.32 on Monday. iShares ESG Aware 40/60 Moderate Allocation ETF has a 52-week low of $29.05 and a 52-week high of $31.53. The stock has a fifty day simple moving average of $31.15 and a 200-day simple moving average of $30.74. The company has a market capitalization of $7.83 million, a PE ratio of 20.67 and a beta of 0.52.

iShares ESG Aware 40/60 Moderate Allocation ETF Company Profile

(Get Free Report)

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

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