Short Interest in First Trust Balanced Income ETF (NYSEARCA:FTBI) Drops By 55.8%

First Trust Balanced Income ETF (NYSEARCA:FTBI) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 2,905 shares, a drop of 55.8% from the June 15th total of 6,575 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 9,562 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Kestra Advisory Services LLC grew its position in shares of First Trust Balanced Income ETF by 78.1% in the 1st quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after acquiring an additional 6,673 shares in the last quarter. Jane Street Group LLC bought a new position in First Trust Balanced Income ETF during the fourth quarter worth $391,000. Harbour Investments Inc. bought a new position in First Trust Balanced Income ETF during the fourth quarter worth $49,000. International Assets Investment Management LLC acquired a new position in First Trust Balanced Income ETF in the fourth quarter worth $200,000. Finally, Capital Investment Advisory Services LLC acquired a new position in First Trust Balanced Income ETF in the fourth quarter worth $196,000.

First Trust Balanced Income ETF Price Performance

Shares of FTBI traded up $0.07 during midday trading on Tuesday, hitting $21.72. The company had a trading volume of 734 shares, compared to its average volume of 4,803. The company’s 50 day moving average price is $21.71 and its 200 day moving average price is $21.54. First Trust Balanced Income ETF has a 52 week low of $19.81 and a 52 week high of $24.14.

First Trust Balanced Income ETF Company Profile

The First Trust Balanced Income ETF (FTBI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates to exchange-traded funds across three asset classes: target income and buy-write income equity, actively managed investment grade fixed income, and target income commodities. FTBI was launched on May 28, 2025 and is issued by First Trust.