iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Update

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 5,499 shares, a drop of 88.3% from the May 14th total of 46,880 shares. Based on an average daily volume of 44,351 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

PABU stock traded down $0.77 on Tuesday, reaching $76.40. The company’s stock had a trading volume of 33,790 shares, compared to its average volume of 69,207. The business has a fifty day simple moving average of $73.75 and a two-hundred day simple moving average of $71.96. iShares Paris-Aligned Climate MSCI USA ETF has a 12-month low of $63.89 and a 12-month high of $80.55. The firm has a market cap of $2.42 billion, a PE ratio of 32.18 and a beta of 1.06.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.1402 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.56 annualized dividend and a yield of 0.7%.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.