Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Drops By 39.6%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 28,677 shares, a decline of 39.6% from the May 14th total of 47,481 shares. Based on an average daily trading volume, of 1,300,847 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. NBT Bank N A NY grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 1,654.5% in the 1st quarter. NBT Bank N A NY now owns 772 shares of the company’s stock valued at $35,000 after buying an additional 728 shares during the period. Hollencrest Capital Management acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter valued at $39,000. Princeton Global Asset Management LLC acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the 1st quarter valued at $42,000. Nalls Sherbakoff Group LLC bought a new stake in iShares ESG Aware MSCI EM ETF in the 4th quarter valued at $46,000. Finally, Vermillion & White Wealth Management Group LLC lifted its position in iShares ESG Aware MSCI EM ETF by 21.7% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock valued at $57,000 after acquiring an additional 230 shares in the last quarter.

iShares ESG Aware MSCI EM ETF Trading Up 2.2%

Shares of ESGE stock traded up $1.20 on Monday, hitting $55.93. The stock had a trading volume of 603,014 shares, compared to its average volume of 1,300,937. iShares ESG Aware MSCI EM ETF has a twelve month low of $37.46 and a twelve month high of $56.80. The firm has a market cap of $7.29 billion, a P/E ratio of 14.52 and a beta of 0.75. The company has a fifty day moving average price of $51.72 and a two-hundred day moving average price of $48.19.

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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.