iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Short Interest Update

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,200 shares, an increase of 120.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.7% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

A hedge fund recently bought a new stake in iShares ESG MSCI USA Min Vol Factor ETF stock. OLD Mission Capital LLC bought a new stake in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,610 shares of the company’s stock, valued at approximately $434,000. OLD Mission Capital LLC owned about 5.20% of iShares ESG MSCI USA Min Vol Factor ETF at the end of the most recent reporting period.

iShares ESG MSCI USA Min Vol Factor ETF Stock Down 0.9 %

Shares of iShares ESG MSCI USA Min Vol Factor ETF stock opened at $28.41 on Friday. The business has a fifty day simple moving average of $28.70 and a 200-day simple moving average of $28.71. iShares ESG MSCI USA Min Vol Factor ETF has a fifty-two week low of $25.38 and a fifty-two week high of $29.95. The firm has a market cap of $8.52 million, a price-to-earnings ratio of 25.92 and a beta of 0.80.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $0.0888 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

About iShares ESG MSCI USA Min Vol Factor ETF

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.