iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Sees Large Increase in Short Interest

iShares Large Cap Value Active ETF (NYSEARCA:BLCV) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 42,862 shares, an increase of 112.4% from the August 15th total of 20,176 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 6,722 shares, the short-interest ratio is currently 6.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares Large Cap Value Active ETF stock. Arkadios Wealth Advisors acquired a new stake in shares of iShares Large Cap Value Active ETF (NYSEARCA:BLCV) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,728 shares of the company’s stock, valued at approximately $279,000. Arkadios Wealth Advisors owned approximately 0.10% of iShares Large Cap Value Active ETF at the end of the most recent quarter.

iShares Large Cap Value Active ETF Stock Down 0.9%

Shares of BLCV stock traded down $0.39 during mid-day trading on Tuesday, reaching $42.42. The stock had a trading volume of 4,729 shares, compared to its average volume of 20,065. iShares Large Cap Value Active ETF has a one year low of $34.85 and a one year high of $43.77. The firm’s 50 day simple moving average is $42.69 and its 200 day simple moving average is $40.12. The firm has a market cap of $341.02 million, a PE ratio of 16.21 and a beta of 0.76.

iShares Large Cap Value Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1386 per share. This is an increase from iShares Large Cap Value Active ETF’s previous quarterly dividend of $0.12. The ex-dividend date is Tuesday, September 15th. This represents a $0.55 annualized dividend and a dividend yield of 1.3%.

About iShares Large Cap Value Active ETF

The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.