Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Declines By 49.3%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 171,000 shares, a decrease of 49.3% from the December 15th total of 337,100 shares. Based on an average daily volume of 752,400 shares, the days-to-cover ratio is currently 0.2 days.

iShares ESG Aware MSCI EM ETF Price Performance

Shares of NASDAQ:ESGE traded up $0.30 during midday trading on Tuesday, hitting $33.04. 472,353 shares of the company’s stock were exchanged, compared to its average volume of 1,288,719. iShares ESG Aware MSCI EM ETF has a 12 month low of $29.78 and a 12 month high of $37.72. The company has a market cap of $4.22 billion, a PE ratio of 12.20 and a beta of 0.75. The stock has a 50 day moving average price of $34.38 and a 200-day moving average price of $34.61.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a $0.0222 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in iShares ESG Aware MSCI EM ETF by 4.4% in the third quarter. JPMorgan Chase & Co. now owns 1,961,054 shares of the company’s stock valued at $71,402,000 after purchasing an additional 83,263 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of iShares ESG Aware MSCI EM ETF by 175.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,688 shares of the company’s stock valued at $171,000 after buying an additional 2,988 shares during the last quarter. Quent Capital LLC grew its stake in shares of iShares ESG Aware MSCI EM ETF by 4.0% during the 3rd quarter. Quent Capital LLC now owns 90,915 shares of the company’s stock worth $3,310,000 after acquiring an additional 3,531 shares during the period. Parallel Advisors LLC raised its stake in iShares ESG Aware MSCI EM ETF by 4.1% in the 2nd quarter. Parallel Advisors LLC now owns 27,152 shares of the company’s stock valued at $910,000 after acquiring an additional 1,065 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in iShares ESG Aware MSCI EM ETF by 266.6% during the second quarter. EverSource Wealth Advisors LLC now owns 10,251 shares of the company’s stock valued at $347,000 after purchasing an additional 7,455 shares during the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.