iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Decrease in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 37,422 shares, a decrease of 50.0% from the May 31st total of 74,826 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 54,963 shares, the short-interest ratio is presently 0.7 days.

iShares ESG Advanced MSCI USA ETF Trading Down 1.6%

Shares of USXF stock traded down $1.11 during trading hours on Thursday, reaching $67.26. The company’s stock had a trading volume of 44,466 shares, compared to its average volume of 74,186. The stock has a market capitalization of $1.42 billion, a P/E ratio of 28.41 and a beta of 1.09. iShares ESG Advanced MSCI USA ETF has a one year low of $53.05 and a one year high of $69.89. The firm’s fifty day simple moving average is $66.45 and its 200 day simple moving average is $60.96.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.1226 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.49 annualized dividend and a yield of 0.7%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC grew its holdings in iShares ESG Advanced MSCI USA ETF by 1,803.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 12,279 shares of the company’s stock worth $707,000 after purchasing an additional 11,634 shares during the period. Allworth Financial LP increased its position in iShares ESG Advanced MSCI USA ETF by 3.2% during the 3rd quarter. Allworth Financial LP now owns 292,208 shares of the company’s stock valued at $16,746,000 after buying an additional 9,131 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in iShares ESG Advanced MSCI USA ETF during the fourth quarter valued at $698,000. Dana Investment Advisors Inc. bought a new stake in iShares ESG Advanced MSCI USA ETF in the fourth quarter worth $498,000. Finally, Asempa Wealth Advisors purchased a new stake in shares of iShares ESG Advanced MSCI USA ETF in the fourth quarter worth $665,000.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.