Short Interest in iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) Increases By 95.4%

iShares Core 30/70 Conservative Allocation ETF (NYSEARCA:AOK) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 102,933 shares, an increase of 95.4% from the April 15th total of 52,679 shares. Based on an average daily volume of 133,796 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL bought a new stake in iShares Core 30/70 Conservative Allocation ETF in the 4th quarter valued at approximately $15,600,000. Congress Asset Management Co. increased its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 222.0% during the 4th quarter. Congress Asset Management Co. now owns 135,812 shares of the company’s stock worth $5,450,000 after acquiring an additional 93,636 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the 3rd quarter worth approximately $1,640,000. Janney Montgomery Scott LLC acquired a new position in shares of iShares Core 30/70 Conservative Allocation ETF during the 4th quarter worth approximately $1,041,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of iShares Core 30/70 Conservative Allocation ETF by 3,663.4% during the 1st quarter. Jones Financial Companies Lllp now owns 24,161 shares of the company’s stock worth $909,000 after acquiring an additional 23,519 shares during the last quarter.

iShares Core 30/70 Conservative Allocation ETF Stock Up 0.0%

AOK stock traded up $0.01 during midday trading on Monday, hitting $40.89. 141,240 shares of the company traded hands, compared to its average volume of 190,411. iShares Core 30/70 Conservative Allocation ETF has a twelve month low of $37.73 and a twelve month high of $41.42. The business has a 50 day simple moving average of $40.49 and a 200-day simple moving average of $40.55. The stock has a market capitalization of $754.42 million, a price-to-earnings ratio of 19.61 and a beta of 0.45.

About iShares Core 30/70 Conservative Allocation ETF

iShares Conservative Allocation ETF, formerly iShares S&P Conservative Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Conservative Index (the Conservative Allocation Index). The Conservative Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a conservative risk profile. The Fund is designed for investors seeking current income and capital preservation.