iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Significant Drop in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 42,435 shares, a decline of 57.5% from the April 30th total of 99,893 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 53,349 shares, the short-interest ratio is currently 0.8 days.

iShares ESG Advanced MSCI USA ETF Stock Performance

Shares of USXF stock opened at $67.81 on Monday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 28.41 and a beta of 1.08. iShares ESG Advanced MSCI USA ETF has a one year low of $50.28 and a one year high of $68.29. The company’s 50-day simple moving average is $61.55 and its 200-day simple moving average is $59.20.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.1244 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

A number of institutional investors have recently made changes to their positions in USXF. Smartleaf Asset Management LLC bought a new position in iShares ESG Advanced MSCI USA ETF during the second quarter worth $26,000. Investors Research Corp increased its stake in iShares ESG Advanced MSCI USA ETF by 82.4% during the fourth quarter. Investors Research Corp now owns 549 shares of the company’s stock valued at $32,000 after purchasing an additional 248 shares during the last quarter. NBT Bank N A NY raised its holdings in shares of iShares ESG Advanced MSCI USA ETF by 1,041.4% during the first quarter. NBT Bank N A NY now owns 662 shares of the company’s stock worth $37,000 after purchasing an additional 604 shares during the period. Koesten Hirschmann & Crabtree INC. raised its holdings in shares of iShares ESG Advanced MSCI USA ETF by 107.5% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 689 shares of the company’s stock worth $39,000 after purchasing an additional 357 shares during the period. Finally, Triumph Capital Management bought a new position in shares of iShares ESG Advanced MSCI USA ETF in the 3rd quarter worth about $46,000.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.