iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Short Interest Down 39.5% in May

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 55,486 shares, a drop of 39.5% from the April 30th total of 91,708 shares. Based on an average trading volume of 388,192 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

iShares Core 60/40 Balanced Allocation ETF Stock Performance

Shares of iShares Core 60/40 Balanced Allocation ETF stock opened at $69.48 on Thursday. iShares Core 60/40 Balanced Allocation ETF has a 52 week low of $59.75 and a 52 week high of $69.92. The stock has a 50 day moving average price of $67.20 and a two-hundred day moving average price of $66.26. The stock has a market capitalization of $3.57 billion, a PE ratio of 19.83 and a beta of 0.65.

Institutional Investors Weigh In On iShares Core 60/40 Balanced Allocation ETF

A number of hedge funds have recently added to or reduced their stakes in the company. GGM Financials LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the third quarter valued at approximately $26,000. Private Trust Co. NA bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $33,000. Ransom Advisory Ltd bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $65,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of iShares Core 60/40 Balanced Allocation ETF in the fourth quarter valued at approximately $73,000.

iShares Core 60/40 Balanced Allocation ETF Company Profile

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.