iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Up 134.2% in June

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 97,803 shares, an increase of 134.2% from the May 31st total of 41,766 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 190,791 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares Core 30/70 Conservative Allocation ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth $30,000. Sunbelt Securities Inc. increased its stake in shares of iShares Core 30/70 Conservative Allocation ETF by 127.9% in the 1st quarter. Sunbelt Securities Inc. now owns 816 shares of the company’s stock worth $33,000 after purchasing an additional 458 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter worth $97,000. Farther Finance Advisors LLC raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 175.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,765 shares of the company’s stock worth $111,000 after purchasing an additional 1,760 shares during the period. Finally, NewEdge Advisors LLC lifted its position in iShares Core 30/70 Conservative Allocation ETF by 59.9% during the third quarter. NewEdge Advisors LLC now owns 3,270 shares of the company’s stock valued at $131,000 after purchasing an additional 1,225 shares in the last quarter.

iShares Core 30/70 Conservative Allocation ETF Trading Up 0.3%

AOK stock traded up $0.14 during trading on Monday, reaching $41.46. The stock had a trading volume of 179,798 shares, compared to its average volume of 199,479. The firm has a market cap of $764.94 million, a PE ratio of 19.61 and a beta of 0.45. The stock’s 50 day moving average is $41.18 and its two-hundred day moving average is $40.73. iShares Core 30/70 Conservative Allocation ETF has a 52 week low of $38.59 and a 52 week high of $41.63.

About iShares Core 30/70 Conservative Allocation ETF

iShares Conservative Allocation ETF, formerly iShares S&P Conservative Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Conservative Index (the Conservative Allocation Index). The Conservative Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a conservative risk profile. The Fund is designed for investors seeking current income and capital preservation.