Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Grows By 607.2%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 68,600 shares, an increase of 607.2% from the March 15th total of 9,700 shares. Based on an average trading volume of 94,400 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are sold short.

iShares ESG Advanced MSCI USA ETF Trading Up 0.9 %

USXF traded up $0.41 during trading on Monday, hitting $45.30. 111,131 shares of the company’s stock traded hands, compared to its average volume of 76,291. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 23.71 and a beta of 1.03. The company’s 50 day simple moving average is $48.06 and its two-hundred day simple moving average is $49.80. iShares ESG Advanced MSCI USA ETF has a 12-month low of $40.01 and a 12-month high of $52.76.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a dividend of $0.1026 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its stake in shares of iShares ESG Advanced MSCI USA ETF by 25.4% in the 1st quarter. Farther Finance Advisors LLC now owns 24,005 shares of the company’s stock worth $1,123,000 after buying an additional 4,856 shares during the last quarter. Capital Investment Advisors LLC purchased a new position in iShares ESG Advanced MSCI USA ETF in the first quarter worth about $1,086,000. Park Avenue Securities LLC grew its stake in shares of iShares ESG Advanced MSCI USA ETF by 8.1% during the 1st quarter. Park Avenue Securities LLC now owns 501,576 shares of the company’s stock valued at $23,409,000 after purchasing an additional 37,755 shares during the period. Buttonwood Financial Group LLC increased its position in shares of iShares ESG Advanced MSCI USA ETF by 6.8% during the 1st quarter. Buttonwood Financial Group LLC now owns 11,536 shares of the company’s stock valued at $508,000 after purchasing an additional 734 shares during the last quarter. Finally, Sovereign Financial Group Inc. boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 11.1% in the first quarter. Sovereign Financial Group Inc. now owns 7,397 shares of the company’s stock worth $345,000 after buying an additional 740 shares during the last quarter.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities.