iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Short Interest Down 64.3% in August

iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 504 shares, a drop of 64.3% from the August 15th total of 1,410 shares. Based on an average daily trading volume, of 1,970 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of iShares ESG Aware MSCI USA Growth ETF

A hedge fund recently bought a new position in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors bought a new position in shares of iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned about 0.24% of iShares ESG Aware MSCI USA Growth ETF at the end of the most recent quarter.

iShares ESG Aware MSCI USA Growth ETF Stock Performance

BATS EGUS opened at $58.07 on Friday. iShares ESG Aware MSCI USA Growth ETF has a 52 week low of $45.91 and a 52 week high of $60.00. The stock’s 50 day moving average price is $58.17 and its two-hundred day moving average price is $55.32. The stock has a market capitalization of $32.52 million, a price-to-earnings ratio of 36.55 and a beta of 1.19.

About iShares ESG Aware MSCI USA Growth ETF

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.