iShares Large Cap Core Active ETF (NASDAQ:BLCR) Short Interest Down 82.5% in June

iShares Large Cap Core Active ETF (NASDAQ:BLCR) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 137,038 shares, a decline of 82.5% from the May 31st total of 783,113 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 777,898 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares Large Cap Core Active ETF

Several hedge funds have recently modified their holdings of BLCR. Arkadios Wealth Advisors acquired a new position in iShares Large Cap Core Active ETF in the 1st quarter worth about $1,331,000. EverSource Wealth Advisors LLC bought a new stake in shares of iShares Large Cap Core Active ETF during the first quarter worth about $269,000. Cornerstone Planning Group LLC acquired a new position in shares of iShares Large Cap Core Active ETF in the first quarter valued at approximately $2,188,000. Bank of New York Mellon Corp acquired a new position in shares of iShares Large Cap Core Active ETF in the first quarter valued at approximately $73,472,000. Finally, Mosaic Advisors LLC bought a new position in iShares Large Cap Core Active ETF in the 1st quarter valued at approximately $235,000.

iShares Large Cap Core Active ETF Price Performance

BLCR stock opened at $49.57 on Friday. The stock has a market cap of $5.36 billion, a price-to-earnings ratio of 29.58 and a beta of 1.19. The company has a 50 day simple moving average of $48.92 and a 200 day simple moving average of $44.92. iShares Large Cap Core Active ETF has a 1 year low of $36.17 and a 1 year high of $51.02.

iShares Large Cap Core Active ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0581 per share. This represents a $0.23 annualized dividend and a dividend yield of 0.5%. This is a boost from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Monday, June 15th.

About iShares Large Cap Core Active ETF

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.