Short Interest in iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) Expands By 68.1%

iShares Core 60/40 Balanced Allocation ETF (NYSEARCA:AOR) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 232,926 shares, an increase of 68.1% from the July 15th total of 138,566 shares. Based on an average daily trading volume, of 338,818 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Worth Asset Management LLC increased its stake in iShares Core 60/40 Balanced Allocation ETF by 7.6% in the second quarter. Worth Asset Management LLC now owns 742,669 shares of the company’s stock valued at $51,615,000 after purchasing an additional 52,693 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 292.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 108,561 shares of the company’s stock worth $7,058,000 after buying an additional 80,917 shares during the last quarter. NBT Bank N A NY grew its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 157,167.7% during the first quarter. NBT Bank N A NY now owns 102,224 shares of the company’s stock worth $6,578,000 after buying an additional 102,159 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Core 60/40 Balanced Allocation ETF by 4.4% during the first quarter. Bank of New York Mellon Corp now owns 52,150 shares of the company’s stock worth $3,356,000 after buying an additional 2,192 shares during the last quarter. Finally, WestEnd Advisors LLC increased its position in iShares Core 60/40 Balanced Allocation ETF by 184.4% in the 4th quarter. WestEnd Advisors LLC now owns 49,946 shares of the company’s stock valued at $3,247,000 after acquiring an additional 32,386 shares during the period.

iShares Core 60/40 Balanced Allocation ETF Trading Down 0.7%

Shares of AOR opened at $69.67 on Wednesday. The firm has a market cap of $3.70 billion, a PE ratio of 19.83 and a beta of 0.64. The company’s 50 day simple moving average is $69.11 and its 200-day simple moving average is $67.66. iShares Core 60/40 Balanced Allocation ETF has a 12-month low of $62.17 and a 12-month high of $70.49.

About iShares Core 60/40 Balanced Allocation ETF

iShares Growth Allocation ETF, formerly iShares S&P Growth Allocation Fund (the Fund), is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Growth Index (the Growth Allocation Index). The Growth Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a growth-focused risk profile. The Fund is designed for investors seeking moderate capital appreciation and opportunity for current income and capital preservation.