Short Interest in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Drops By 57.4%

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 10,832 shares, a decline of 57.4% from the February 26th total of 25,418 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 63,864 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in shares of iShares ESG Advanced Total USD Bond Market ETF by 2.2% in the second quarter. JPMorgan Chase & Co. now owns 395,713 shares of the company’s stock worth $17,233,000 after acquiring an additional 8,532 shares during the period. Jones Financial Companies Lllp boosted its holdings in iShares ESG Advanced Total USD Bond Market ETF by 16.1% in the third quarter. Jones Financial Companies Lllp now owns 298,530 shares of the company’s stock worth $13,088,000 after purchasing an additional 41,335 shares during the last quarter. Flow Traders U.S. LLC grew its position in iShares ESG Advanced Total USD Bond Market ETF by 239.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 76,306 shares of the company’s stock worth $3,351,000 after purchasing an additional 53,823 shares during the period. Janney Montgomery Scott LLC raised its stake in iShares ESG Advanced Total USD Bond Market ETF by 2.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,669 shares of the company’s stock valued at $732,000 after buying an additional 437 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in iShares ESG Advanced Total USD Bond Market ETF by 30.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,844 shares of the company’s stock valued at $608,000 after buying an additional 3,205 shares during the last quarter.

iShares ESG Advanced Total USD Bond Market ETF Stock Up 0.0%

Shares of EUSB stock traded up $0.01 on Friday, hitting $43.23. 46,238 shares of the stock were exchanged, compared to its average volume of 59,401. iShares ESG Advanced Total USD Bond Market ETF has a one year low of $42.17 and a one year high of $44.47. The firm’s 50 day moving average is $43.91 and its two-hundred day moving average is $43.97.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.