iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Shares Shorted: Short Interest Up 209.0% in September

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 199,607 shares, a growth of 209.0% from the August 31st total of 64,592 shares. Based on an average daily volume of 593,145 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Worth Asset Management LLC grew its stake in shares of iShares Core 60/40 Balanced Allocation ETF by 7.6% in the second quarter. Worth Asset Management LLC now owns 742,669 shares of the company’s stock worth $51,615,000 after purchasing an additional 52,693 shares in the last quarter. NBT Bank N A NY increased its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 157,167.7% during the first quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock valued at $6,578,000 after purchasing an additional 102,159 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares Core 60/40 Balanced Allocation ETF by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 52,150 shares of the company’s stock worth $3,356,000 after purchasing an additional 2,192 shares during the period. Weitzel Financial Services Inc. grew its position in iShares Core 60/40 Balanced Allocation ETF by 14.2% in the 1st quarter. Weitzel Financial Services Inc. now owns 27,452 shares of the company’s stock valued at $1,776,000 after buying an additional 3,406 shares in the last quarter. Finally, IMA Advisory Services Inc. grew its position in iShares Core 60/40 Balanced Allocation ETF by 2.7% in the 1st quarter. IMA Advisory Services Inc. now owns 26,161 shares of the company’s stock valued at $1,683,000 after buying an additional 699 shares in the last quarter.

iShares Core 60/40 Balanced Allocation ETF Price Performance

Shares of NYSEARCA AOR traded up $0.32 during midday trading on Friday, hitting $69.25. 499,683 shares of the company’s stock were exchanged, compared to its average volume of 378,072. The stock’s 50 day moving average price is $69.38 and its 200-day moving average price is $68.20. The firm has a market cap of $3.87 billion, a P/E ratio of 19.83 and a beta of 0.65. iShares Core 60/40 Balanced Allocation ETF has a twelve month low of $62.96 and a twelve month high of $70.49.

About iShares Core 60/40 Balanced Allocation ETF

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.