First Trust Balanced Income ETF (NYSEARCA:FTBI) Short Interest Update

First Trust Balanced Income ETF (NYSEARCA:FTBI) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 436 shares, a decline of 92.7% from the April 30th total of 5,937 shares. Based on an average daily volume of 5,350 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

First Trust Balanced Income ETF Price Performance

First Trust Balanced Income ETF stock traded down $0.04 during trading on Wednesday, reaching $21.70. The company had a trading volume of 10,311 shares, compared to its average volume of 4,247. First Trust Balanced Income ETF has a 12-month low of $19.81 and a 12-month high of $23.85. The stock’s 50 day moving average price is $21.33 and its two-hundred day moving average price is $21.42.

Institutional Investors Weigh In On First Trust Balanced Income ETF

Several institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. purchased a new stake in First Trust Balanced Income ETF during the fourth quarter worth approximately $49,000. Kestra Advisory Services LLC grew its stake in First Trust Balanced Income ETF by 78.1% during the first quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after buying an additional 6,673 shares during the period. Capital Investment Advisory Services LLC purchased a new stake in First Trust Balanced Income ETF during the fourth quarter worth approximately $196,000. International Assets Investment Management LLC purchased a new stake in First Trust Balanced Income ETF during the fourth quarter worth approximately $200,000. Finally, Jane Street Group LLC purchased a new stake in First Trust Balanced Income ETF during the fourth quarter worth approximately $391,000.

First Trust Balanced Income ETF Company Profile

The First Trust Balanced Income ETF (FTBI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates to exchange-traded funds across three asset classes: target income and buy-write income equity, actively managed investment grade fixed income, and target income commodities. FTBI was launched on May 28, 2025 and is issued by First Trust.