iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Up 67.6% in May

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AORGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 93,017 shares, an increase of 67.6% from the May 14th total of 55,486 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 311,681 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. GGM Financials LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the third quarter worth $26,000. Private Trust Co. NA acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $27,000. Strategic Investment Solutions Inc. IL acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $33,000. Ransom Advisory Ltd acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $65,000. Finally, Flagship Harbor Advisors LLC acquired a new position in iShares Core 60/40 Balanced Allocation ETF during the fourth quarter worth $73,000.

iShares Core 60/40 Balanced Allocation ETF Price Performance

Shares of NYSEARCA:AOR traded down $0.07 during trading on Tuesday, reaching $69.71. The company had a trading volume of 179,498 shares, compared to its average volume of 397,315. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 19.83 and a beta of 0.64. The stock’s fifty day moving average price is $67.97 and its 200 day moving average price is $66.52. iShares Core 60/40 Balanced Allocation ETF has a fifty-two week low of $59.87 and a fifty-two week high of $69.97.

About iShares Core 60/40 Balanced Allocation ETF

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iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.

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