Short Interest in iShares Large Cap Value Active ETF (NYSEARCA:BLCV) Decreases By 94.6%
by Scott Moore · The Cerbat GemiShares Large Cap Value Active ETF (NYSEARCA:BLCV – Get Free Report) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 6,164 shares, a decline of 94.6% from the December 15th total of 114,685 shares. Based on an average trading volume of 14,236 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 14,236 shares, the short-interest ratio is presently 0.4 days.
iShares Large Cap Value Active ETF Price Performance
Shares of NYSEARCA BLCV traded down $0.01 during midday trading on Monday, reaching $38.47. 190,104 shares of the company traded hands, compared to its average volume of 43,543. The stock has a 50-day moving average price of $37.00 and a 200 day moving average price of $35.96. The company has a market cap of $105.41 million, a price-to-earnings ratio of 16.21 and a beta of 0.82. iShares Large Cap Value Active ETF has a 52 week low of $28.52 and a 52 week high of $38.52.
Hedge Funds Weigh In On iShares Large Cap Value Active ETF
A hedge fund recently raised its stake in iShares Large Cap Value Active ETF stock. Roxbury Financial LLC lifted its holdings in shares of iShares Large Cap Value Active ETF (NYSEARCA:BLCV – Free Report) by 8.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,153 shares of the company’s stock after purchasing an additional 478 shares during the quarter. Roxbury Financial LLC owned 0.23% of iShares Large Cap Value Active ETF worth $230,000 at the end of the most recent quarter.
About iShares Large Cap Value Active ETF
The BlackRock Large Cap Value ETF (BLCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to provide exposure to a narrow portfolio US large-cap value stocks. The fund seeks to maximize total return. BLCV was launched on May 19, 2023 and is managed by BlackRock.