First Trust Balanced Income ETF (NYSEARCA:FTBI) Shares Shorted: Short Interest Down 93.2% in October

First Trust Balanced Income ETF (NYSEARCA:FTBI) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 1,932 shares, a drop of 93.2% from the October 15th total of 28,244 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,444 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On First Trust Balanced Income ETF

Several institutional investors have recently added to or reduced their stakes in FTBI. Kestra Advisory Services LLC grew its holdings in shares of First Trust Balanced Income ETF by 16.3% during the third quarter. Kestra Advisory Services LLC now owns 22,052 shares of the company’s stock valued at $464,000 after buying an additional 3,094 shares during the last quarter. Harbour Investments Inc. purchased a new stake in shares of First Trust Balanced Income ETF in the third quarter worth about $97,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in First Trust Balanced Income ETF during the second quarter worth about $89,000.

First Trust Balanced Income ETF Stock Down 0.5%

First Trust Balanced Income ETF stock traded down $0.10 during mid-day trading on Tuesday, reaching $21.15. 9,408 shares of the company were exchanged, compared to its average volume of 5,953. The business has a fifty day moving average of $21.32 and a 200 day moving average of $21.52. First Trust Balanced Income ETF has a 12-month low of $19.81 and a 12-month 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.