iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Shares Shorted: Short Interest Down 71.1% in October

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 8,419 shares, a decline of 71.1% from the October 15th total of 29,105 shares. Based on an average trading volume of 30,296 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

iShares Large Cap Moderate Quarterly Laddered ETF Stock Down 0.1%

Shares of IVVM stock traded down $0.04 during trading hours on Friday, reaching $37.60. 12,859 shares of the stock traded hands, compared to its average volume of 28,896. The firm has a market capitalization of $197.02 million, a PE ratio of 22.95 and a beta of 0.52. iShares Large Cap Moderate Quarterly Laddered ETF has a 1-year low of $33.29 and a 1-year high of $38.30. The business has a fifty day moving average price of $37.84 and a 200 day moving average price of $36.56.

iShares Large Cap Moderate Quarterly Laddered ETF Company Profile

The iShares Large Cap Moderate Buffer ETF (IVVM) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a 5% buffer against losses, over each calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVM was launched on Jun 28, 2023 and is managed by BlackRock.