First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 24,006 shares, a growth of 726.4% from the June 30th total of 2,905 shares. Based on an average trading volume of 5,925 shares, the short-interest ratio is presently 4.1 days. Approximately 2.4% of the shares of the stock are short sold.
First Trust Balanced Income ETF Stock Up 0.2%
Shares of FTBI traded up $0.04 on Friday, hitting $21.40. The company’s stock had a trading volume of 791 shares, compared to its average volume of 4,806. First Trust Balanced Income ETF has a fifty-two week low of $19.81 and a fifty-two week high of $24.14. The company has a 50 day moving average price of $21.69 and a 200 day moving average price of $21.54.
Hedge Funds Weigh In On First Trust Balanced Income ETF
Several institutional investors have recently bought and sold shares of FTBI. Jane Street Group LLC bought a new stake in shares of First Trust Balanced Income ETF during the second quarter worth $399,000. International Assets Investment Management LLC bought a new position in shares of First Trust Balanced Income ETF in the fourth quarter valued at about $200,000. Capital Investment Advisory Services LLC acquired a new position in First Trust Balanced Income ETF during the 4th quarter worth about $196,000. Kestra Advisory Services LLC acquired a new position in First Trust Balanced Income ETF during the 4th quarter worth about $182,000. Finally, Harbour Investments Inc. bought a new stake in First Trust Balanced Income ETF during the 4th quarter worth about $49,000.
About First Trust Balanced Income ETF
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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