Short Interest in iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) Expands By 104.3%

iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 151,642 shares, an increase of 104.3% from the April 15th total of 74,235 shares. Based on an average daily volume of 116,078 shares, the short-interest ratio is currently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Aureus Asset Management LLC bought a new stake in shares of iShares ESG Aware MSCI USA Small-Cap ETF during the first quarter valued at about $367,000. Birchwood Financial Partners Inc. grew its position in iShares ESG Aware MSCI USA Small-Cap ETF by 78.8% in the 1st quarter. Birchwood Financial Partners Inc. now owns 99,013 shares of the company’s stock valued at $4,656,000 after buying an additional 43,642 shares in the last quarter. Sherman Asset Management Inc. increased its stake in iShares ESG Aware MSCI USA Small-Cap ETF by 34.6% during the 1st quarter. Sherman Asset Management Inc. now owns 3,307 shares of the company’s stock valued at $155,000 after buying an additional 851 shares during the period. Ferguson Wellman Capital Management Inc. acquired a new position in iShares ESG Aware MSCI USA Small-Cap ETF during the 1st quarter valued at about $1,445,000. Finally, Your Advocates Ltd. LLP raised its position in shares of iShares ESG Aware MSCI USA Small-Cap ETF by 99.2% during the 1st quarter. Your Advocates Ltd. LLP now owns 940 shares of the company’s stock worth $44,000 after buying an additional 468 shares in the last quarter.

iShares ESG Aware MSCI USA Small-Cap ETF Price Performance

ESML stock traded down $0.63 on Monday, reaching $51.19. The company’s stock had a trading volume of 1,813 shares, compared to its average volume of 156,609. iShares ESG Aware MSCI USA Small-Cap ETF has a 52 week low of $38.60 and a 52 week high of $52.71. The company has a market capitalization of $2.28 billion, a P/E ratio of 17.85 and a beta of 1.08. The firm has a fifty day moving average of $49.20 and a two-hundred day moving average of $48.01.

iShares ESG Aware MSCI USA Small-Cap ETF Company Profile

The iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap companies with high environmental, social, and governance factor scores as determined by MSCI. ESML was launched on Apr 10, 2018 and is managed by BlackRock.