iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Short Interest Down 41.5% in August

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 45,759 shares, a decrease of 41.5% from the August 15th total of 78,250 shares. Based on an average daily volume of 92,812 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

iShares Core 30/70 Conservative Allocation ETF Price Performance

AOK traded down $0.05 during mid-day trading on Wednesday, hitting $40.62. The stock had a trading volume of 226,919 shares, compared to its average volume of 179,378. The stock’s fifty day simple moving average is $41.15 and its 200-day simple moving average is $40.95. The firm has a market capitalization of $781.93 million, a price-to-earnings ratio of 19.61 and a beta of 0.45. iShares Core 30/70 Conservative Allocation ETF has a 1-year low of $39.31 and a 1-year high of $41.63.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Compass Financial Management LLC acquired a new stake in shares of iShares Core 30/70 Conservative Allocation ETF during the second quarter worth about $214,000. Sunbelt Securities Inc. increased its stake in iShares Core 30/70 Conservative Allocation ETF by 127.9% during 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. Strategic Investment Solutions Inc. IL acquired a new stake in iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth approximately $15,600,000. Waterloo Capital L.P. raised its holdings in iShares Core 30/70 Conservative Allocation ETF by 157.7% during the 4th quarter. Waterloo Capital L.P. now owns 36,058 shares of the company’s stock worth $1,447,000 after buying an additional 22,065 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its stake in iShares Core 30/70 Conservative Allocation ETF by 3.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 14,975 shares of the company’s stock valued at $601,000 after buying an additional 448 shares in the last quarter.

iShares Core 30/70 Conservative Allocation ETF Company Profile

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.