iShares Large Cap Growth Active ETF (NASDAQ:BGRO) Sees Significant Growth in Short Interest

iShares Large Cap Growth Active ETF (NASDAQ:BGRO) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 4,300 shares, an increase of 1,333.3% from the February 28th total of 300 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 5.4 days. Approximately 2.2% of the company’s stock are sold short.

iShares Large Cap Growth Active ETF Stock Performance

NASDAQ BGRO opened at $31.39 on Friday. The company has a market cap of $6.28 million and a PE ratio of 37.25. The firm’s 50 day moving average price is $33.51 and its 200-day moving average price is $33.35. iShares Large Cap Growth Active ETF has a 52-week low of $27.15 and a 52-week high of $35.93.

About iShares Large Cap Growth Active ETF

The iShares Large Cap Growth Active ETF (BGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a portfolio of US large-cap stocks exhibiting growth characteristics. BGRO was launched on Jun 4, 2024 and is issued by BlackRock.