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

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 588,700 shares, a decline of 49.3% from the February 13th total of 1,160,000 shares. Based on an average daily volume of 734,200 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are short sold.

iShares ESG Aware MSCI EM ETF Trading Up 1.7 %

ESGE traded up $0.61 during trading hours on Friday, hitting $35.60. The company’s stock had a trading volume of 719,915 shares, compared to its average volume of 655,134. The business’s 50-day moving average price is $34.63 and its 200-day moving average price is $34.89. iShares ESG Aware MSCI EM ETF has a 12 month low of $31.01 and a 12 month high of $37.72. The stock has a market cap of $4.54 billion, a price-to-earnings ratio of 14.49 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Several large investors have recently bought and sold shares of the business. Haverford Trust Co increased its position in iShares ESG Aware MSCI EM ETF by 1.0% in the third quarter. Haverford Trust Co now owns 32,829 shares of the company’s stock worth $1,195,000 after purchasing an additional 325 shares during the last quarter. First Horizon Advisors Inc. increased its position in iShares ESG Aware MSCI EM ETF by 3.7% in the third quarter. First Horizon Advisors Inc. now owns 9,557 shares of the company’s stock worth $348,000 after purchasing an additional 337 shares during the last quarter. Bear Mountain Capital Inc. increased its position in iShares ESG Aware MSCI EM ETF by 0.7% in the fourth quarter. Bear Mountain Capital Inc. now owns 49,316 shares of the company’s stock worth $1,687,000 after purchasing an additional 358 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in iShares ESG Aware MSCI EM ETF by 51.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,148 shares of the company’s stock worth $38,000 after purchasing an additional 390 shares during the last quarter. Finally, Coppell Advisory Solutions LLC increased its position in iShares ESG Aware MSCI EM ETF by 42.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,388 shares of the company’s stock valued at $47,000 after acquiring an additional 414 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.