iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Increase in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 196,385 shares, a growth of 342.1% from the September 30th total of 44,419 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 282,240 shares, the days-to-cover ratio is currently 0.7 days.

iShares ESG Aware USD Corporate Bond ETF Trading Up 0.0%

iShares ESG Aware USD Corporate Bond ETF stock opened at $22.35 on Wednesday. iShares ESG Aware USD Corporate Bond ETF has a 52-week low of $21.76 and a 52-week high of $23.83. The stock has a fifty day moving average price of $22.31 and a two-hundred day moving average price of $22.94.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.0889 per share. This represents a $1.07 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.0887.

Institutional Trading of iShares ESG Aware USD Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SUSC. PNC Financial Services Group Inc. lifted its position in iShares ESG Aware USD Corporate Bond ETF by 14.0% during the first quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock worth $101,000 after acquiring an additional 533 shares during the last quarter. McIlrath & Eck LLC boosted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 2.3% in the 1st quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock valued at $659,000 after purchasing an additional 643 shares in the last quarter. Wells Financial Advisors INC lifted its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 3.1% in the 1st quarter. Wells Financial Advisors INC now owns 23,045 shares of the company’s stock valued at $533,000 after acquiring an additional 700 shares during the last quarter. True Link Financial Advisors LLC grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 4.9% during the 3rd quarter. True Link Financial Advisors LLC now owns 18,534 shares of the company’s stock worth $407,000 after acquiring an additional 867 shares during the last quarter. Finally, NBT Bank N A NY lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 4,865.2% during the 1st quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock worth $26,000 after buying an additional 1,119 shares during the period.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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