iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Decline in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 27,600 shares, a drop of 75.0% from the December 15th total of 110,300 shares. Based on an average daily volume of 231,600 shares, the short-interest ratio is currently 0.1 days.

iShares ESG Aware USD Corporate Bond ETF Price Performance

SUSC traded down $0.03 during trading on Tuesday, reaching $22.39. 102,394 shares of the company were exchanged, compared to its average volume of 227,694. iShares ESG Aware USD Corporate Bond ETF has a 52 week low of $22.18 and a 52 week high of $23.97. The firm has a 50 day moving average of $22.96 and a 200 day moving average of $23.21.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.0872 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08.

Institutional Trading of iShares ESG Aware USD Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. ST Germain D J Co. Inc. bought a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter worth $193,000. First Horizon Advisors Inc. raised its position in shares of iShares ESG Aware USD Corporate Bond ETF by 12.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 12,325 shares of the company’s stock worth $293,000 after buying an additional 1,341 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 3rd quarter worth approximately $297,000. EverSource Wealth Advisors LLC bought a new position in iShares ESG Aware USD Corporate Bond ETF during the 2nd quarter valued at $754,000. Finally, Integrated Wealth Concepts LLC grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 13.6% during the third quarter. Integrated Wealth Concepts LLC now owns 61,724 shares of the company’s stock worth $1,468,000 after acquiring an additional 7,412 shares during the period.

About iShares ESG Aware USD Corporate Bond ETF

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index.