First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the target of a significant decline in short interest in 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. Based on an average trading volume of 8,410 shares, the short-interest ratio is currently 2.2 days. Currently, 1.8% of the shares of the stock are short sold.
First Trust Balanced Income ETF Stock Performance
Shares of NYSEARCA FTBI traded up $0.15 during mid-day trading on Thursday, reaching $21.48. The company’s stock had a trading volume of 11,261 shares, compared to its average volume of 5,337. The stock has a fifty day moving average of $21.69 and a two-hundred day moving average of $21.56. First Trust Balanced Income ETF has a 52 week low of $19.81 and a 52 week high of $24.14.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. bought a new position in First Trust Balanced Income ETF in the 4th quarter worth approximately $49,000. Integrated Wealth Concepts LLC bought a new stake in shares of First Trust Balanced Income ETF during the second quarter valued at approximately $89,000. Finally, Kestra Advisory Services LLC raised its position in shares of First Trust Balanced Income ETF by 78.1% during the first quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock valued at $317,000 after buying an additional 6,673 shares during the last quarter.
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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