iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) Short Interest Up 487.3% in May

iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 26,151 shares, a growth of 487.3% from the April 30th total of 4,453 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 17,830 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Large Cap Deep Quarterly Laddered ETF stock. Captrust Financial Advisors boosted its stake in iShares Large Cap Deep Quarterly Laddered ETF (BATS:IVVB) by 9.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 412,398 shares of the company’s stock after buying an additional 34,051 shares during the period. Captrust Financial Advisors owned 11.33% of iShares Large Cap Deep Quarterly Laddered ETF worth $13,494,000 at the end of the most recent quarter.

iShares Large Cap Deep Quarterly Laddered ETF Trading Up 0.1%

Shares of BATS IVVB opened at $34.54 on Friday. The company has a market cap of $297.04 million, a price-to-earnings ratio of 24.72 and a beta of 0.72. The stock’s 50 day simple moving average is $33.38 and its 200 day simple moving average is $33.31. iShares Large Cap Deep Quarterly Laddered ETF has a 12-month low of $30.12 and a 12-month high of $34.58.

iShares Large Cap Deep Quarterly Laddered ETF Company Profile

The iShares Large Cap Deep Buffer ETF (IVVB) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to participate in the price movement of US large-cap stocks, up to a cap, while applying a downside hedge against declines occurring in the range of 5-20%, during a calendar quarter. The actively managed fund holds a bundle of iShares Core S&P 500 ETF flex options. IVVB was launched on Jun 28, 2023 and is managed by BlackRock.