iShares Large Cap Growth Active ETF (NASDAQ:BGRO) Sees Large Growth in Short Interest

iShares Large Cap Growth Active ETF (NASDAQ:BGRO) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 1,673 shares, an increase of 67.8% from the April 30th total of 997 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,812 shares, the days-to-cover ratio is currently 0.9 days.

iShares Large Cap Growth Active ETF Price Performance

Shares of BGRO traded down $0.51 during trading hours on Wednesday, hitting $43.83. The stock had a trading volume of 580 shares, compared to its average volume of 816. iShares Large Cap Growth Active ETF has a 52 week low of $33.21 and a 52 week high of $44.49. The stock has a market capitalization of $10.08 million, a price-to-earnings ratio of 42.95 and a beta of 1.42. The company’s fifty day moving average is $39.09 and its two-hundred day moving average is $38.25.

About iShares Large Cap Growth Active ETF

The iShares Large Cap Growth Active ETF (BGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a portfolio of US large-cap stocks exhibiting growth characteristics. BGRO was launched on Jun 4, 2024 and is issued by BlackRock.