iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Sees Large Growth in Short Interest

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 137,172 shares, a growth of 416.9% from the August 31st total of 26,537 shares. Based on an average daily trading volume, of 24,541 shares, the short-interest ratio is presently 5.6 days. Approximately 1.6% of the shares of the stock are sold short.

iShares Large Cap Deep Quarterly Laddered ETF Trading Up 0.4%

Shares of BATS IVVB opened at $35.70 on Friday. The firm has a 50-day moving average of $35.23 and a two-hundred day moving average of $34.29. The company has a market capitalization of $307.02 million, a price-to-earnings ratio of 24.72 and a beta of 0.72. iShares Large Cap Deep Quarterly Laddered ETF has a twelve month low of $31.67 and a twelve month high of $36.92.

Institutional Trading of iShares Large Cap Deep Quarterly Laddered ETF

An institutional investor recently bought a new position in iShares Large Cap Deep Quarterly Laddered ETF stock. Operose Advisors LLC purchased a new stake in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,882 shares of the company’s stock, valued at approximately $65,000.

iShares Large Cap Deep Quarterly Laddered ETF Company Profile

The iShares Large Cap Deep Buffer ETF (IVVB) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a downside hedge against declines occurring in the range of 5-20%, during a calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.