Short Interest in First Trust Balanced Income ETF (NYSEARCA:FTBI) Declines By 42.7%

First Trust Balanced Income ETF (NYSEARCA:FTBI) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 18,356 shares, a decline of 42.7% from the August 15th total of 32,030 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,410 shares, the days-to-cover ratio is presently 2.2 days.

Hedge Funds Weigh In On First Trust Balanced Income ETF

A number of large investors have recently added to or reduced their stakes in FTBI. Kestra Advisory Services LLC lifted its stake in First Trust Balanced Income ETF by 78.1% in the first quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after purchasing an additional 6,673 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of First Trust Balanced Income ETF during the second quarter valued at about $89,000. Finally, Harbour Investments Inc. purchased a new position in shares of First Trust Balanced Income ETF in the fourth quarter worth about $49,000.

First Trust Balanced Income ETF Trading Up 0.7%

Shares of NYSEARCA FTBI opened at $21.48 on Friday. First Trust Balanced Income ETF has a one year low of $19.81 and a one year high of $24.14. The firm’s 50 day simple moving average is $21.68 and its two-hundred day simple moving average is $21.56.

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.