iShares Advantage Large Cap Income ETF (BATS:BALI) Short Interest Up 99.4% in April

iShares Advantage Large Cap Income ETF (BATS:BALI) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 143,078 shares, an increase of 99.4% from the April 15th total of 71,758 shares. Approximately 13.2% of the company’s shares are sold short. Based on an average trading volume of 700,032 shares, the days-to-cover ratio is currently 0.2 days.

iShares Advantage Large Cap Income ETF Stock Performance

Shares of BALI opened at $33.56 on Friday. iShares Advantage Large Cap Income ETF has a 52-week low of $28.53 and a 52-week high of $33.92. The business’s 50 day moving average price is $31.93 and its two-hundred day moving average price is $31.89. The firm has a market cap of $36.24 million, a PE ratio of 23.77 and a beta of 0.85.

Hedge Funds Weigh In On iShares Advantage Large Cap Income ETF

Several institutional investors have recently added to or reduced their stakes in BALI. LPL Financial LLC lifted its stake in iShares Advantage Large Cap Income ETF by 32.6% in the fourth quarter. LPL Financial LLC now owns 1,680,474 shares of the company’s stock valued at $53,237,000 after buying an additional 412,857 shares during the period. Bank of America Corp DE lifted its stake in iShares Advantage Large Cap Income ETF by 71,009.1% in the third quarter. Bank of America Corp DE now owns 297,236 shares of the company’s stock valued at $9,434,000 after buying an additional 296,818 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Advantage Large Cap Income ETF by 102.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 557,668 shares of the company’s stock valued at $17,667,000 after buying an additional 282,090 shares during the period. Wells Fargo & Company MN lifted its stake in iShares Advantage Large Cap Income ETF by 27,648,600.0% in the fourth quarter. Wells Fargo & Company MN now owns 276,487 shares of the company’s stock valued at $8,759,000 after buying an additional 276,486 shares during the period. Finally, Southern Capital Services Inc. ADV acquired a new position in iShares Advantage Large Cap Income ETF in the fourth quarter valued at approximately $7,310,000.

iShares Advantage Large Cap Income ETF Company Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.