iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Large Increase in Short Interest

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,234,672 shares, an increase of 87.9% from the April 30th total of 657,028 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 360,872 shares, the short-interest ratio is presently 3.4 days.

Institutional Trading of iShares ESG Aware MSCI USA ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Elyxium Wealth LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF in the fourth quarter worth $25,000. Triumph Capital Management acquired a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at $34,000. Caitlin John LLC acquired a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at $36,000. United Financial Planning Group LLC acquired a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at $39,000. Finally, Evolution Wealth Management Inc. boosted its position in iShares ESG Aware MSCI USA ETF by 64.9% during the fourth quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock valued at $42,000 after purchasing an additional 111 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Stock Down 0.8%

Shares of iShares ESG Aware MSCI USA ETF stock opened at $165.04 on Thursday. The stock has a market cap of $17.44 billion, a PE ratio of 25.34 and a beta of 1.03. The business has a fifty day simple moving average of $154.39 and a 200-day simple moving average of $150.69. iShares ESG Aware MSCI USA ETF has a 12 month low of $129.39 and a 12 month high of $166.46.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.3698 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.