Short Interest in iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) Rises By 178.0%

iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,625 shares, an increase of 178.0% from the June 30th total of 4,181 shares. Currently, 4.7% of the company’s shares are sold short. Based on an average trading volume of 3,664 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares ESG Aware 40/60 Moderate Allocation ETF stock. Financial Avengers Inc. bought a new stake in iShares ESG Aware 40/60 Moderate Allocation ETF (BATS:EAOM) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 875 shares of the company’s stock, valued at approximately $26,000. Financial Avengers Inc. owned about 0.35% of iShares ESG Aware 40/60 Moderate Allocation ETF at the end of the most recent quarter.

iShares ESG Aware 40/60 Moderate Allocation ETF Stock Performance

EAOM stock opened at $30.82 on Tuesday. The firm has a market cap of $7.71 million, a P/E ratio of 20.67 and a beta of 0.52. The firm’s fifty day moving average is $31.16 and its 200 day moving average is $30.66. iShares ESG Aware 40/60 Moderate Allocation ETF has a 52 week low of $28.75 and a 52 week high of $31.53.

About iShares ESG Aware 40/60 Moderate Allocation ETF

The iShares ESG Aware Moderate Allocation ETF (EAOM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an index-tracking fund-of-funds that provides moderately conservative risk exposure to global stocks and bonds with positive ESG characteristics. EAOM was launched on Jun 12, 2020 and is managed by BlackRock.