iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Shares Shorted: Short Interest Up 135.1% in September

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 99,460 shares, a growth of 135.1% from the August 31st total of 42,311 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 186,674 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Cornerstone Financial Management LLC lifted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.2% during the 2nd quarter. Cornerstone Financial Management LLC now owns 15,502 shares of the company’s stock valued at $387,000 after acquiring an additional 1,557 shares in the last quarter. Continuum Advisory LLC increased its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 18.5% during the 2nd quarter. Continuum Advisory LLC now owns 24,715 shares of the company’s stock valued at $618,000 after purchasing an additional 3,861 shares during the last quarter. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 2nd quarter valued at $2,009,000. CX Institutional boosted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 4.2% in the 2nd quarter. CX Institutional now owns 41,406 shares of the company’s stock worth $1,035,000 after buying an additional 1,656 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% in the 1st quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock worth $541,000 after buying an additional 10,627 shares during the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Up 0.2%

Shares of NASDAQ:SUSB traded up $0.04 during midday trading on Friday, reaching $24.47. The company’s stock had a trading volume of 199,644 shares, compared to its average volume of 223,277. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a fifty-two week low of $24.42 and a fifty-two week high of $25.39. The firm has a 50 day moving average price of $24.75 and a two-hundred day moving average price of $24.90.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a dividend of $0.0957 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0925.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.