iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) Sees Large Growth in Short Interest

iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 11,625 shares, a growth of 178.0% from the June 30th total of 4,181 shares. Approximately 4.7% of the shares of the stock are short sold. Based on an average daily volume of 3,664 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Trading of iShares ESG Aware 40/60 Moderate Allocation ETF

A hedge fund recently bought a new stake in iShares ESG Aware 40/60 Moderate Allocation ETF stock. Financial Avengers Inc. purchased a new position in shares of iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 875 shares of the company’s stock, valued at approximately $26,000. Financial Avengers Inc. owned about 0.35% of iShares ESG Aware 40/60 Moderate Allocation ETF as of its most recent SEC filing.

iShares ESG Aware 40/60 Moderate Allocation ETF Price Performance

iShares ESG Aware 40/60 Moderate Allocation ETF stock opened at $30.76 on Monday. The stock has a market capitalization of $7.69 million, a PE ratio of 20.67 and a beta of 0.52. The business has a 50 day simple moving average of $31.16 and a 200-day simple moving average of $30.66. iShares ESG Aware 40/60 Moderate Allocation ETF has a 12 month low of $28.75 and a 12 month high of $31.53.

About iShares ESG Aware 40/60 Moderate Allocation ETF

The iShares ESG Aware Moderate Allocation ETF (EAOM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an index-tracking fund-of-funds that provides moderately conservative risk exposure to global stocks and bonds with positive ESG characteristics. EAOM was launched on Jun 12, 2020 and is managed by BlackRock.