iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Sees Large Drop in Short Interest

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,843 shares, a decline of 87.0% from the September 30th total of 44,925 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 277,663 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares Core 30/70 Conservative Allocation ETF

A hedge fund recently bought a new stake in iShares Core 30/70 Conservative Allocation ETF stock. Compass Financial Management LLC acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,162 shares of the company’s stock, valued at approximately $214,000.

iShares Core 30/70 Conservative Allocation ETF Price Performance

AOK stock opened at $40.57 on Tuesday. The firm has a market cap of $843.86 million, a price-to-earnings ratio of 19.61 and a beta of 0.45. iShares Core 30/70 Conservative Allocation ETF has a 1-year low of $39.31 and a 1-year high of $41.63. The firm has a fifty day moving average price of $40.83 and a two-hundred day moving average price of $40.86.

About iShares Core 30/70 Conservative Allocation ETF

(Get Free Report)

iShares Conservative Allocation ETF, formerly iShares S&P Conservative Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Conservative Index (the Conservative Allocation Index). The Conservative Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a conservative risk profile. The Fund is designed for investors seeking current income and capital preservation.

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