First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 436 shares, a decline of 92.7% from the April 30th total of 5,937 shares. Based on an average daily trading volume, of 5,350 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Investors Weigh In On First Trust Balanced Income ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in First Trust Balanced Income ETF during the 2nd quarter worth $399,000. Kestra Advisory Services LLC grew its position in First Trust Balanced Income ETF by 78.1% during the 1st quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after acquiring an additional 6,673 shares during the last quarter. Harbour Investments Inc. bought a new stake in First Trust Balanced Income ETF during the 4th quarter worth $49,000. International Assets Investment Management LLC bought a new stake in First Trust Balanced Income ETF during the 4th quarter worth $200,000. Finally, Capital Investment Advisory Services LLC bought a new stake in First Trust Balanced Income ETF during the 4th quarter worth $196,000.
First Trust Balanced Income ETF Price Performance
Shares of First Trust Balanced Income ETF stock traded up $0.05 during trading on Thursday, reaching $21.75. 5,871 shares of the company’s stock were exchanged, compared to its average volume of 4,263. First Trust Balanced Income ETF has a 1-year low of $19.81 and a 1-year high of $23.85. The firm’s 50-day moving average price is $21.34 and its 200 day moving average price is $21.42.
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.
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