iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Short Interest Up 743.7% in April

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 327,611 shares, a growth of 743.7% from the April 15th total of 38,831 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average daily volume of 164,325 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On iShares ESG Advanced MSCI EAFE ETF

A number of hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. bought a new stake in iShares ESG Advanced MSCI EAFE ETF during the first quarter worth approximately $26,000. Evolution Wealth Management Inc. raised its holdings in iShares ESG Advanced MSCI EAFE ETF by 65.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after purchasing an additional 165 shares in the last quarter. CIBC Private Wealth Group LLC bought a new stake in iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth approximately $34,000. SHP Wealth Management bought a new stake in iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth approximately $36,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in iShares ESG Advanced MSCI EAFE ETF during the third quarter worth approximately $50,000.

iShares ESG Advanced MSCI EAFE ETF Stock Up 0.8%

DMXF stock traded up $0.66 during midday trading on Wednesday, reaching $82.44. The company had a trading volume of 271,930 shares, compared to its average volume of 85,535. The stock has a 50 day moving average price of $78.20 and a 200 day moving average price of $77.84. iShares ESG Advanced MSCI EAFE ETF has a fifty-two week low of $71.12 and a fifty-two week high of $83.10. The firm has a market capitalization of $1.01 billion, a PE ratio of 19.02 and a beta of 0.85.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.