iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Large Growth in Short Interest

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 76,481 shares, a growth of 82.0% from the April 30th total of 42,019 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 37,647 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SUSL. Compound Planning Inc. bought a new position in shares of iShares ESG MSCI USA Leaders ETF during the 3rd quarter valued at about $501,000. Wealth Enhancement Advisory Services LLC grew its position in iShares ESG MSCI USA Leaders ETF by 3.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 254,439 shares of the company’s stock worth $31,258,000 after acquiring an additional 9,577 shares during the last quarter. Allworth Financial LP increased its stake in iShares ESG MSCI USA Leaders ETF by 3.8% in the 3rd quarter. Allworth Financial LP now owns 196,901 shares of the company’s stock worth $23,046,000 after purchasing an additional 7,158 shares during the period. Pathfinder Wealth Consulting Inc. purchased a new position in iShares ESG MSCI USA Leaders ETF in the 4th quarter worth approximately $569,000. Finally, Xena Financial Planning LLC bought a new stake in iShares ESG MSCI USA Leaders ETF in the fourth quarter valued at approximately $5,060,000.

iShares ESG MSCI USA Leaders ETF Trading Up 0.8%

Shares of NASDAQ SUSL opened at $134.02 on Tuesday. The business has a 50-day moving average of $123.95 and a 200-day moving average of $121.96. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 27.42 and a beta of 1.05. iShares ESG MSCI USA Leaders ETF has a 12 month low of $103.02 and a 12 month high of $134.27.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.2988 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.