First Trust Balanced Income ETF (NYSEARCA:FTBI) Short Interest Up 1,374.1% in May
by Amy Steele · The Cerbat GemFirst Trust Balanced Income ETF (NYSEARCA:FTBI – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 6,427 shares, an increase of 1,374.1% from the May 14th total of 436 shares. Based on an average trading volume of 3,431 shares, the short-interest ratio is presently 1.9 days. Currently, 0.7% of the shares of the company are short sold.
First Trust Balanced Income ETF Price Performance
Shares of FTBI remained flat at $21.61 during mid-day trading on Wednesday. 9,669 shares of the company’s stock were exchanged, compared to its average volume of 4,385. First Trust Balanced Income ETF has a fifty-two week low of $19.81 and a fifty-two week high of $23.85. The business’s 50 day moving average price is $21.50 and its two-hundred day moving average price is $21.46.
Institutional Trading of First Trust Balanced Income ETF
Hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC grew its holdings in shares of First Trust Balanced Income ETF by 78.1% during the first quarter. Kestra Advisory Services LLC now owns 15,212 shares of the company’s stock worth $317,000 after purchasing an additional 6,673 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of First Trust Balanced Income ETF in the 4th quarter valued at about $391,000. Harbour Investments Inc. purchased a new position in First Trust Balanced Income ETF during the 4th quarter worth approximately $49,000. International Assets Investment Management LLC acquired a new position in First Trust Balanced Income ETF during the fourth quarter worth approximately $200,000. Finally, Capital Investment Advisory Services LLC acquired a new position in First Trust Balanced Income ETF during the fourth quarter worth approximately $196,000.
First Trust Balanced Income ETF Company Profile
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.