iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Sees Large Growth in Short Interest

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 557 shares, an increase of 22.1% from the November 30th total of 456 shares. Based on an average daily trading volume, of 4,555 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,555 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares MSCI Global Sustainable Development Goals ETF

A number of hedge funds have recently made changes to their positions in SDG. Janney Montgomery Scott LLC acquired a new position in shares of iShares MSCI Global Sustainable Development Goals ETF in the second quarter worth approximately $206,000. Ameriflex Group Inc. raised its holdings in iShares MSCI Global Sustainable Development Goals ETF by 98.9% during the 3rd quarter. Ameriflex Group Inc. now owns 364 shares of the company’s stock worth $30,000 after purchasing an additional 181 shares during the last quarter. Finally, First Horizon Corp acquired a new position in shares of iShares MSCI Global Sustainable Development Goals ETF in the 3rd quarter worth approximately $269,000.

iShares MSCI Global Sustainable Development Goals ETF Stock Down 0.6%

NASDAQ SDG traded down $0.48 on Wednesday, hitting $84.24. The company’s stock had a trading volume of 2,939 shares, compared to its average volume of 8,554. The company’s 50-day moving average is $84.64 and its 200 day moving average is $81.74. The firm has a market cap of $168.49 million, a PE ratio of 18.86 and a beta of 0.70. iShares MSCI Global Sustainable Development Goals ETF has a 1-year low of $64.96 and a 1-year high of $87.12.

iShares MSCI Global Sustainable Development Goals ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.852 dividend. This represents a dividend yield of 203.0%. The ex-dividend date was Tuesday, December 16th.

About iShares MSCI Global Sustainable Development Goals ETF

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.