iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Down 55.0% in June

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,695 shares, a decrease of 55.0% from the June 15th total of 8,220 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 98,866 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. purchased a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Trading Down 0.6%

PABU stock traded down $0.43 during midday trading on Thursday, hitting $76.10. 440 shares of the company’s stock were exchanged, compared to its average volume of 57,586. iShares Paris-Aligned Climate MSCI USA ETF has a 12-month low of $63.89 and a 12-month high of $80.55. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 32.18 and a beta of 1.06. The firm has a 50 day moving average price of $76.67 and a 200-day moving average price of $72.59.

iShares Paris-Aligned Climate MSCI USA ETF Increases 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 $0.1606 dividend. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 15th.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.