iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Sees Large Decrease in Short Interest

Posted by Linda Flegge on Nov 15th, 2024

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV – Get Free Report) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 100 shares, a drop of 75.0% from the October 15th total of 400 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 0.0 days.

iShares ESG MSCI USA Min Vol Factor ETF Trading Down 1.0 %

NASDAQ:ESMV traded down $0.29 during midday trading on Thursday, hitting $29.14. 124 shares of the company were exchanged, compared to its average volume of 4,761. iShares ESG MSCI USA Min Vol Factor ETF has a fifty-two week low of $23.67 and a fifty-two week high of $29.63. The company has a market capitalization of $13.11 million, a PE ratio of 26.85 and a beta of 0.80. The company has a fifty day simple moving average of $28.73 and a 200 day simple moving average of $27.47.

iShares ESG MSCI USA Min Vol Factor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a dividend of $0.1238 per share. The ex-dividend date was Wednesday, September 25th.

Institutional Investors Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

A hedge fund recently raised its stake in iShares ESG MSCI USA Min Vol Factor ETF stock. Guardian Capital LP lifted its holdings in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV – Free Report) by 31.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,798 shares of the company’s stock after purchasing an additional 12,120 shares during the period. Guardian Capital LP owned about 11.29% of iShares ESG MSCI USA Min Vol Factor ETF worth $1,352,000 as of its most recent SEC filing.

About iShares ESG MSCI USA Min Vol Factor ETF

(Get Free Report)

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.