iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) Shares Shorted: Short Interest Up 277.5% in September

iShares Core 40/60 Moderate Allocation ETF (NYSEARCA:AOM) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 74,374 shares, a growth of 277.5% from the August 31st total of 19,704 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 374,589 shares, the days-to-cover ratio is presently 0.2 days.

iShares Core 40/60 Moderate Allocation ETF Stock Performance

iShares Core 40/60 Moderate Allocation ETF stock traded up $0.18 during trading hours on Friday, reaching $49.20. 805,425 shares of the company’s stock traded hands, compared to its average volume of 173,392. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 19.75 and a beta of 0.51. iShares Core 40/60 Moderate Allocation ETF has a fifty-two week low of $46.60 and a fifty-two week high of $50.16. The firm’s 50 day moving average is $49.49 and its 200-day moving average is $49.08.

Hedge Funds Weigh In On iShares Core 40/60 Moderate Allocation ETF

Several large investors have recently bought and sold shares of AOM. Venturi Wealth Management LLC grew its holdings in iShares Core 40/60 Moderate Allocation ETF by 5.2% during the 1st quarter. Venturi Wealth Management LLC now owns 5,039 shares of the company’s stock worth $239,000 after acquiring an additional 251 shares during the period. CoreCap Advisors LLC lifted its stake in shares of iShares Core 40/60 Moderate Allocation ETF by 5.6% in the 2nd quarter. CoreCap Advisors LLC now owns 5,056 shares of the company’s stock valued at $252,000 after purchasing an additional 266 shares during the period. Comprehensive Financial Planning Inc. PA boosted its position in shares of 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 worth $90,000 after purchasing an additional 589 shares during the last quarter. Leo H. Evart Inc. bought a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the 2nd quarter worth $35,000. Finally, Tsfg LLC bought a new position in shares of iShares Core 40/60 Moderate Allocation ETF in the 2nd quarter worth $53,000.

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.