iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Large Increase in Short Interest

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 2,716,227 shares, a growth of 77.3% from the November 30th total of 1,532,061 shares. Based on an average daily volume of 532,051 shares, the days-to-cover ratio is presently 5.1 days. Currently, 2.7% of the shares of the stock are sold short. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily volume of 532,051 shares, the days-to-cover ratio is presently 5.1 days.

iShares ESG Aware MSCI USA ETF Stock Performance

iShares ESG Aware MSCI USA ETF stock opened at $150.20 on Tuesday. iShares ESG Aware MSCI USA ETF has a fifty-two week low of $105.18 and a fifty-two week high of $151.16. The stock has a market cap of $15.37 billion, a P/E ratio of 25.34 and a beta of 1.03. The firm’s fifty day moving average price is $148.45 and its 200-day moving average price is $142.87.

iShares ESG Aware MSCI USA ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.4554 per share. The ex-dividend date was Tuesday, December 16th. This is a boost from iShares ESG Aware MSCI USA ETF’s previous quarterly dividend of $0.37. This represents a $1.82 annualized dividend and a yield of 1.2%.

Institutional Trading of iShares ESG Aware MSCI USA ETF

A number of hedge funds have recently made changes to their positions in the stock. Triumph Capital Management purchased a new position in shares of iShares ESG Aware MSCI USA ETF during the third quarter worth approximately $34,000. Caitlin John LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF during the 3rd quarter valued at $36,000. Rothschild Investment LLC raised its position in iShares ESG Aware MSCI USA ETF by 63.0% in the 2nd quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock worth $36,000 after purchasing an additional 104 shares during the period. United Financial Planning Group LLC purchased a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter worth $39,000. Finally, Ameriflex Group Inc. lifted its stake in iShares ESG Aware MSCI USA ETF by 35.1% in the second quarter. Ameriflex Group Inc. now owns 335 shares of the company’s stock worth $45,000 after purchasing an additional 87 shares during the last quarter.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.