iShares Large Cap Core Active ETF (NASDAQ:BLCR) Sees Large Growth in Short Interest

iShares Large Cap Core Active ETF (NASDAQ:BLCR) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 783,113 shares, an increase of 526.8% from the May 14th total of 124,947 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,420,273 shares, the short-interest ratio is presently 0.6 days.

iShares Large Cap Core Active ETF Stock Performance

NASDAQ BLCR traded up $0.23 on Friday, reaching $49.30. The company had a trading volume of 341,861 shares, compared to its average volume of 1,206,160. The firm has a market capitalization of $5.33 billion, a price-to-earnings ratio of 29.58 and a beta of 1.19. iShares Large Cap Core Active ETF has a 1-year low of $34.64 and a 1-year high of $51.02. The company’s fifty day moving average is $47.59 and its 200-day moving average is $44.34.

iShares Large Cap Core Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.0035 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%.

Hedge Funds Weigh In On iShares Large Cap Core Active ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc acquired a new position in iShares Large Cap Core Active ETF in the 1st quarter worth $56,000. Mosaic Advisors LLC bought a new stake in shares of iShares Large Cap Core Active ETF in the first quarter worth $235,000. EverSource Wealth Advisors LLC bought a new stake in shares of iShares Large Cap Core Active ETF in the first quarter worth $269,000. Worth Asset Management LLC bought a new stake in shares of iShares Large Cap Core Active ETF in the fourth quarter worth $443,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of iShares Large Cap Core Active ETF in the first quarter worth $1,331,000.

iShares Large Cap Core Active ETF Company Profile

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.