iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) Sees Large Growth in Short Interest

iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 11,625 shares, a growth of 178.0% from the June 30th total of 4,181 shares. Currently, 4.7% of the shares of the stock are short sold. Based on an average daily volume of 3,664 shares, the short-interest ratio is currently 3.2 days.

Institutional Trading of iShares ESG Aware 40/60 Moderate Allocation ETF

A hedge fund recently bought a new position in iShares ESG Aware 40/60 Moderate Allocation ETF stock. Financial Avengers Inc. purchased a new stake in shares of iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 875 shares of the company’s stock, valued at approximately $26,000. Financial Avengers Inc. owned about 0.35% of iShares ESG Aware 40/60 Moderate Allocation ETF at the end of the most recent quarter.

iShares ESG Aware 40/60 Moderate Allocation ETF Stock Performance

BATS:EAOM opened at $30.76 on Monday. The company has a market cap of $7.69 million, a P/E ratio of 20.67 and a beta of 0.52. iShares ESG Aware 40/60 Moderate Allocation ETF has a twelve month low of $28.75 and a twelve month high of $31.53. The company’s 50-day moving average price is $31.16 and its 200-day moving average price is $30.66.

About iShares ESG Aware 40/60 Moderate Allocation ETF

The iShares ESG Aware Moderate Allocation ETF (EAOM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an index-tracking fund-of-funds that provides moderately conservative risk exposure to global stocks and bonds with positive ESG characteristics. EAOM was launched on Jun 12, 2020 and is managed by BlackRock.