Short Interest in iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Expands By 113.2%

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 108,461 shares, an increase of 113.2% from the May 14th total of 50,862 shares. Based on an average trading volume of 81,166 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.9% of the company’s stock are sold short.

iShares ESG Advanced MSCI EAFE ETF Stock Performance

Shares of NASDAQ DMXF traded up $0.17 during midday trading on Friday, reaching $84.36. 34,549 shares of the company’s stock were exchanged, compared to its average volume of 84,133. iShares ESG Advanced MSCI EAFE ETF has a 52-week low of $71.12 and a 52-week high of $84.60. The stock has a market capitalization of $1.04 billion, a PE ratio of 19.02 and a beta of 0.85. The business’s fifty day moving average price is $81.34 and its two-hundred day moving average price is $78.84.

Institutional Trading of iShares ESG Advanced MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DMXF. PNC Financial Services Group Inc. bought a new stake in iShares ESG Advanced MSCI EAFE ETF in the first quarter valued at about $26,000. Evolution Wealth Management Inc. increased its holdings in iShares ESG Advanced MSCI EAFE ETF by 65.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock valued at $31,000 after buying an additional 165 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in iShares ESG Advanced MSCI EAFE ETF in the fourth quarter valued at about $34,000. SHP Wealth Management bought a new stake in iShares ESG Advanced MSCI EAFE ETF in the fourth quarter valued at about $36,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in iShares ESG Advanced MSCI EAFE ETF in the third quarter valued at about $50,000.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.