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

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 62,193 shares, a growth of 139.5% from the September 30th total of 25,969 shares. Based on an average daily trading volume, of 56,912 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are sold short.

iShares ESG Advanced MSCI USA ETF Stock Performance

USXF stock opened at $65.24 on Friday. The stock’s 50 day simple moving average is $67.68 and its 200 day simple moving average is $64.14. iShares ESG Advanced MSCI USA ETF has a fifty-two week low of $53.05 and a fifty-two week high of $70.69. The company has a market cap of $1.41 billion, a P/E ratio of 28.41 and a beta of 1.09.

iShares ESG Advanced MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.1490 per share. This is a positive change from iShares ESG Advanced MSCI USA ETF’s previous quarterly dividend of $0.1226. This represents a $0.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 15th.

Hedge Funds Weigh In On iShares ESG Advanced MSCI USA ETF

A number of large investors have recently modified their holdings of the company. Park Avenue Securities LLC purchased a new position in iShares ESG Advanced MSCI USA ETF during the third quarter worth about $19,011,000. Tompkins Financial Corp bought a new stake in iShares ESG Advanced MSCI USA ETF in the 3rd quarter worth about $6,071,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares ESG Advanced MSCI USA ETF in the 3rd quarter valued at about $5,261,000. Sei Investments Co. increased its stake in iShares ESG Advanced MSCI USA ETF by 5.5% in the 1st quarter. Sei Investments Co. now owns 876,093 shares of the company’s stock valued at $48,360,000 after buying an additional 45,550 shares during the last quarter. Finally, Highland Financial Advisors LLC increased its stake in iShares ESG Advanced MSCI USA ETF by 60.7% in the 2nd quarter. Highland Financial Advisors LLC now owns 77,452 shares of the company’s stock valued at $5,379,000 after buying an additional 29,248 shares during the last quarter.

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.