Short Interest in First Trust Balanced Income ETF (NYSEARCA:FTBI) Rises By 404.0%

First Trust Balanced Income ETF (NYSEARCA:FTBI) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 5,937 shares, a growth of 404.0% from the April 15th total of 1,178 shares. Based on an average daily volume of 1,652 shares, the days-to-cover ratio is currently 3.6 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. purchased a new position in shares of First Trust Balanced Income ETF in the 4th quarter valued at about $49,000. Kestra Advisory Services LLC purchased a new stake in First Trust Balanced Income ETF during the fourth quarter worth approximately $182,000. Capital Investment Advisory Services LLC acquired a new position in First Trust Balanced Income ETF in the fourth quarter valued at approximately $196,000. International Assets Investment Management LLC acquired a new position in First Trust Balanced Income ETF in the fourth quarter valued at approximately $200,000. Finally, Jane Street Group LLC purchased a new position in First Trust Balanced Income ETF in the fourth quarter valued at approximately $391,000.

First Trust Balanced Income ETF Stock Performance

Shares of FTBI stock traded down $0.21 on Friday, reaching $21.47. 488 shares of the stock were exchanged, compared to its average volume of 4,319. The business’s 50 day moving average price is $21.30 and its 200 day moving average price is $21.41. First Trust Balanced Income ETF has a twelve month low of $19.81 and a twelve month high of $23.85.

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.