First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 6,427 shares, an increase of 1,374.1% from the May 14th total of 436 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 3,431 shares, the short-interest ratio is presently 1.9 days.
First Trust Balanced Income ETF Price Performance
FTBI stock remained flat at $21.41 during midday trading on Thursday. 101 shares of the company’s stock were exchanged, compared to its average volume of 4,345. First Trust Balanced Income ETF has a 1 year low of $19.81 and a 1 year high of $23.85. The stock’s fifty day simple moving average is $21.52 and its 200-day simple moving average is $21.46.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. acquired a new position in First Trust Balanced Income ETF during the fourth quarter valued at approximately $49,000. Kestra Advisory Services LLC acquired a new position in shares of First Trust Balanced Income ETF during the fourth quarter worth $182,000. Capital Investment Advisory Services LLC acquired a new position in shares of First Trust Balanced Income ETF during the fourth quarter worth $196,000. International Assets Investment Management LLC acquired a new position in shares of First Trust Balanced Income ETF during the fourth quarter worth $200,000. Finally, Jane Street Group LLC acquired a new position in shares of First Trust Balanced Income ETF during the fourth quarter worth $391,000.
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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