iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) Shares Shorted: Short Interest Up 107.8% in September

iShares Large Cap Moderate Quarterly Laddered ETF (BATS:IVVM) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 56,214 shares, a growth of 107.8% from the August 31st total of 27,052 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average trading volume of 37,680 shares, the short-interest ratio is currently 1.5 days.

iShares Large Cap Moderate Quarterly Laddered ETF Price Performance

Shares of IVVM stock opened at $37.82 on Wednesday. The firm has a market cap of $105.90 million, a P/E ratio of 24.56 and a beta of 0.54. iShares Large Cap Moderate Quarterly Laddered ETF has a 1-year low of $33.29 and a 1-year high of $38.17. The firm has a fifty day moving average of $37.64 and a two-hundred day moving average of $36.60.

About iShares Large Cap Moderate Quarterly Laddered ETF

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.