iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) Sees Large Growth in Short Interest

iShares Core 80/20 Aggressive Allocation ETF (NYSEARCA:AOA) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 135,964 shares, a growth of 687.7% from the January 29th total of 17,261 shares. Based on an average daily volume of 100,349 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 100,349 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AOA. CX Institutional increased its holdings in shares of iShares Core 80/20 Aggressive Allocation ETF by 0.6% during the 4th quarter. CX Institutional now owns 94,420 shares of the company’s stock valued at $8,456,000 after acquiring an additional 559 shares during the last quarter. Western Wealth Management LLC increased its position in shares of iShares Core 80/20 Aggressive Allocation ETF by 1,467.1% during the fourth quarter. Western Wealth Management LLC now owns 77,824 shares of the company’s stock valued at $6,970,000 after purchasing an additional 72,858 shares during the period. Legacy Financial Group LLC lifted its position in iShares Core 80/20 Aggressive Allocation ETF by 2.3% in the fourth quarter. Legacy Financial Group LLC now owns 75,053 shares of the company’s stock worth $6,889,000 after purchasing an additional 1,693 shares during the period. Align Financial LLC bought a new stake in iShares Core 80/20 Aggressive Allocation ETF in the fourth quarter valued at about $6,245,000. Finally, JPMorgan Chase & Co. boosted its stake in iShares Core 80/20 Aggressive Allocation ETF by 26.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 59,420 shares of the company’s stock valued at $5,237,000 after buying an additional 12,409 shares in the last quarter.

iShares Core 80/20 Aggressive Allocation ETF Trading Down 0.7%

Shares of AOA traded down $0.66 during mid-day trading on Thursday, hitting $93.24. The company’s stock had a trading volume of 37,451 shares, compared to its average volume of 115,659. The firm has a market capitalization of $2.87 billion, a P/E ratio of 20.50 and a beta of 0.79. iShares Core 80/20 Aggressive Allocation ETF has a 1-year low of $68.45 and a 1-year high of $93.99. The firm has a 50-day simple moving average of $91.56 and a 200 day simple moving average of $89.17.

About iShares Core 80/20 Aggressive Allocation ETF

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