iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Up 213.8% in March

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 448,800 shares, a growth of 213.8% from the March 15th total of 143,000 shares. Based on an average trading volume of 753,600 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC bought a new position in iShares ESG Aware MSCI EM ETF in the 4th quarter worth about $36,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of 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 buying an additional 390 shares in the last quarter. Coppell Advisory Solutions LLC grew its holdings in shares of 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 buying an additional 414 shares during the last quarter. Trust Co. of Vermont increased its position in shares of iShares ESG Aware MSCI EM ETF by 61.8% during the fourth quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock valued at $52,000 after acquiring an additional 596 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in iShares ESG Aware MSCI EM ETF in the 3rd quarter worth approximately $66,000.

iShares ESG Aware MSCI EM ETF Stock Up 0.3 %

Shares of NASDAQ ESGE traded up $0.10 on Tuesday, reaching $33.84. 216,288 shares of the company’s stock traded hands, compared to its average volume of 668,011. The business’s 50 day simple moving average is $34.85 and its two-hundred day simple moving average is $34.86. iShares ESG Aware MSCI EM ETF has a 12 month low of $30.57 and a 12 month high of $37.72. The company has a market cap of $4.34 billion, a price-to-earnings ratio of 13.56 and a beta of 0.75.

About iShares ESG Aware MSCI EM ETF

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.