First Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 24,006 shares, an increase of 726.4% from the June 30th total of 2,905 shares. Based on an average daily volume of 5,925 shares, the days-to-cover ratio is currently 4.1 days. Approximately 2.4% of the shares of the company are short sold.
Institutional Trading of First Trust Balanced Income ETF
A number of institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in shares of First Trust Balanced Income ETF in the second quarter valued at approximately $399,000. Capital Investment Advisory Services LLC acquired a new stake in First Trust Balanced Income ETF in the fourth quarter worth approximately $196,000. International Assets Investment Management LLC bought a new position in First Trust Balanced Income ETF during the 4th quarter valued at $200,000. Harbour Investments Inc. bought a new position in First Trust Balanced Income ETF during the 4th quarter valued at $49,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of First Trust Balanced Income ETF during the 4th quarter valued at $182,000.
First Trust Balanced Income ETF Price Performance
FTBI stock opened at $21.40 on Monday. The company has a 50-day simple moving average of $21.69 and a 200 day simple moving average of $21.54. First Trust Balanced Income ETF has a fifty-two week low of $19.81 and a fifty-two week high of $24.14.
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.
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