iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Sees Large Decline in Short Interest

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 20,567 shares, a drop of 36.5% from the April 30th total of 32,376 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 11,828 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

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

iShares Large Cap Value Active ETF Stock Performance

Shares of BLCV opened at $39.98 on Thursday. The firm has a market capitalization of $323.84 million, a price-to-earnings ratio of 16.21 and a beta of 0.83. iShares Large Cap Value Active ETF has a one year low of $33.18 and a one year high of $40.19. The stock’s fifty day moving average is $38.31 and its 200-day moving average is $37.90.

iShares Large Cap Value Active ETF Company Profile

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.