Short Interest in iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Decreases By 85.4%

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 19,704 shares, a decline of 85.4% from the August 15th total of 135,069 shares. Based on an average daily volume of 148,552 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

iShares Core 40/60 Moderate Allocation ETF Stock Up 0.4%

Shares of NYSEARCA AOM traded up $0.20 during mid-day trading on Friday, reaching $49.39. 69,314 shares of the company were exchanged, compared to its average volume of 153,298. The stock has a market capitalization of $1.76 billion, a P/E ratio of 19.75 and a beta of 0.51. The company’s 50-day simple moving average is $49.50 and its 200-day simple moving average is $49.04. iShares Core 40/60 Moderate Allocation ETF has a twelve month low of $46.60 and a twelve month high of $50.16.

Institutional Investors Weigh In On iShares Core 40/60 Moderate Allocation ETF

A number of institutional investors have recently made changes to their positions in AOM. Compass Financial Management LLC bought a new position in shares of iShares Core 40/60 Moderate Allocation ETF during the second quarter worth approximately $288,000. Comprehensive Financial Planning Inc. PA grew its holdings in iShares Core 40/60 Moderate Allocation ETF by 48.8% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 1,795 shares of the company’s stock valued at $90,000 after buying an additional 589 shares in the last quarter. United Community Bank grew its holdings in iShares Core 40/60 Moderate Allocation ETF by 285.0% in the 2nd quarter. United Community Bank now owns 1,925 shares of the company’s stock valued at $96,000 after buying an additional 1,425 shares in the last quarter. Leo H. Evart Inc. bought a new position in iShares Core 40/60 Moderate Allocation ETF during the 2nd quarter worth $35,000. Finally, Continuum Advisory LLC bought a new position in iShares Core 40/60 Moderate Allocation ETF during the 2nd quarter worth $398,000.

About iShares Core 40/60 Moderate Allocation ETF

iShares Moderate Allocation ETF, formerly iShares S&P Moderate 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 Moderate Index (the Moderate Allocation Index). The Moderate Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a moderate risk profile. The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation.