iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Significant Growth in Short Interest

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 24,000 shares, a growth of 247.8% from the December 15th total of 6,900 shares. Based on an average daily volume of 117,700 shares, the short-interest ratio is presently 0.2 days.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 2.0 %

iShares Paris-Aligned Climate MSCI USA ETF stock opened at $65.20 on Thursday. The firm has a market cap of $1.87 billion, a PE ratio of 33.30 and a beta of -1.11. iShares Paris-Aligned Climate MSCI USA ETF has a 52-week low of $52.08 and a 52-week high of $67.63. The company’s 50 day moving average is $65.80 and its two-hundred day moving average is $63.12.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.2098 per share. The ex-dividend date was Tuesday, December 17th. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous dividend of $0.20.

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

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC boosted its stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 44.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,349 shares of the company’s stock after acquiring an additional 11,871 shares during the period. iShares Paris-Aligned Climate MSCI USA ETF accounts for about 0.8% of Syntrinsic LLC’s holdings, making the stock its 14th biggest position. Syntrinsic LLC owned approximately 0.12% of iShares Paris-Aligned Climate MSCI USA ETF worth $2,432,000 as of its most recent filing with the Securities & Exchange Commission.

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.