iShares Large Cap Core Active ETF (NASDAQ:BLCR) Stock Short Interest Drops 52.4%

iShares Large Cap Core Active ETF (NASDAQ:BLCR) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 181,571 shares, a decrease of 52.4% from the September 30th total of 381,753 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,254,173 shares, the days-to-cover ratio is presently 0.1 days.

iShares Large Cap Core Active ETF Stock Down 3.4%

BLCR traded down $1.66 during trading hours on Friday, hitting $47.45. The stock had a trading volume of 452,282 shares, compared to its average volume of 1,155,082. iShares Large Cap Core Active ETF has a 1 year low of $39.48 and a 1 year high of $51.02. The company’s fifty day simple moving average is $49.30 and its 200 day simple moving average is $47.17. The stock has a market cap of $9.45 billion, a PE ratio of 29.58 and a beta of 1.19.

iShares Large Cap Core Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.0664 per share. This is a boost from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.0581. This represents a $0.27 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, September 15th.

Hedge Funds Weigh In On iShares Large Cap Core Active ETF

Several large investors have recently modified their holdings of BLCR. Vision Retirement LLC raised its position in shares of iShares Large Cap Core Active ETF by 692.0% in the second quarter. Vision Retirement LLC now owns 3,366 shares of the company’s stock valued at $170,000 after purchasing an additional 2,941 shares during the period. Fifth Third Securities Inc. bought a new position in iShares Large Cap Core Active ETF in the 3rd quarter worth approximately $203,000. Mosaic Advisors LLC bought a new position in iShares Large Cap Core Active ETF in the 1st quarter worth approximately $235,000. Continuum Advisory LLC purchased a new position in iShares Large Cap Core Active ETF in the 2nd quarter valued at approximately $241,000. Finally, Atlatl Advisers LLC purchased a new position in iShares Large Cap Core Active ETF in the 2nd quarter valued at approximately $257,000.

About iShares Large Cap Core Active ETF

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.