Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Expands By 142.5%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 259,819 shares, an increase of 142.5% from the April 15th total of 107,152 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 178,715 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of iShares ESG Aware USD Corporate Bond ETF by 12.7% in the third quarter. JPMorgan Chase & Co. now owns 4,372,660 shares of the company’s stock worth $103,020,000 after purchasing an additional 493,212 shares during the last quarter. Rossby Financial LCC increased its stake in iShares ESG Aware USD Corporate Bond ETF by 0.8% in the third quarter. Rossby Financial LCC now owns 123,907 shares of the company’s stock valued at $2,919,000 after acquiring an additional 990 shares during the last quarter. Centennial Bank AR increased its stake in iShares ESG Aware USD Corporate Bond ETF by 166.7% in the third quarter. Centennial Bank AR now owns 1,600 shares of the company’s stock valued at $38,000 after acquiring an additional 1,000 shares during the last quarter. Jones Financial Companies Lllp increased its stake in iShares ESG Aware USD Corporate Bond ETF by 11.3% in the third quarter. Jones Financial Companies Lllp now owns 25,856 shares of the company’s stock valued at $608,000 after acquiring an additional 2,628 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in iShares ESG Aware USD Corporate Bond ETF in the third quarter valued at $210,000.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.6%

Shares of iShares ESG Aware USD Corporate Bond ETF stock traded down $0.14 during trading on Friday, hitting $22.92. The stock had a trading volume of 338,898 shares, compared to its average volume of 253,096. iShares ESG Aware USD Corporate Bond ETF has a 12 month low of $22.49 and a 12 month high of $23.85. The business’s 50-day moving average is $23.15 and its 200 day moving average is $23.37.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.0876 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Friday, May 1st.

About iShares ESG Aware USD Corporate Bond ETF

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.