iShares Advantage Large Cap Income ETF (BATS:BALI) Shares Shorted: Short Interest Up 81.3% in October

iShares Advantage Large Cap Income ETF (BATS:BALI) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 106,086 shares, an increase of 81.3% from the September 30th total of 58,501 shares. Currently, 9.8% of the shares of the company are sold short. Based on an average daily trading volume, of 559,504 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares Advantage Large Cap Income ETF

A number of large investors have recently added to or reduced their stakes in BALI. Farther Finance Advisors LLC increased its stake in shares of iShares Advantage Large Cap Income ETF by 14.4% during the third quarter. Farther Finance Advisors LLC now owns 5,025 shares of the company’s stock worth $173,000 after purchasing an additional 631 shares in the last quarter. Continuum Advisory LLC purchased a new position in iShares Advantage Large Cap Income ETF in the 2nd quarter valued at about $152,000. Arkadios Wealth Advisors lifted its stake in iShares Advantage Large Cap Income ETF by 45.1% in the 1st quarter. Arkadios Wealth Advisors now owns 30,794 shares of the company’s stock valued at $949,000 after buying an additional 9,573 shares in the last quarter. Sunbelt Securities Inc. increased its stake in iShares Advantage Large Cap Income ETF by 25.8% during the 1st quarter. Sunbelt Securities Inc. now owns 20,846 shares of the company’s stock worth $642,000 after buying an additional 4,278 shares in the last quarter. Finally, Beacon Financial Group raised its holdings in shares of iShares Advantage Large Cap Income ETF by 0.7% during the first quarter. Beacon Financial Group now owns 61,281 shares of the company’s stock valued at $1,888,000 after acquiring an additional 429 shares during the last quarter.

iShares Advantage Large Cap Income ETF Price Performance

BATS:BALI opened at $34.08 on Monday. The firm has a market cap of $36.81 million, a price-to-earnings ratio of 23.77 and a beta of 0.85. The company has a 50 day moving average price of $34.57 and a 200-day moving average price of $33.30. iShares Advantage Large Cap Income ETF has a 1-year low of $29.94 and a 1-year high of $35.39.

iShares Advantage Large Cap Income ETF Company Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.