Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Declines By 58.5%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 423,940 shares, a decline of 58.5% from the July 15th total of 1,020,376 shares. Based on an average daily trading volume, of 1,020,885 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Several hedge funds and other institutional investors have recently modified their holdings of ESGE. BNP Paribas Financial Markets grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 29,494.2% in the second quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock worth $2,805,000 after acquiring an additional 71,376 shares during the period. Captrust Financial Advisors boosted its position in iShares ESG Aware MSCI EM ETF by 9.1% in the second quarter. Captrust Financial Advisors now owns 36,972 shares of the company’s stock worth $1,448,000 after purchasing an additional 3,086 shares during the last quarter. Blue Edge Capital LLC boosted its position in iShares ESG Aware MSCI EM ETF by 12.5% in the second quarter. Blue Edge Capital LLC now owns 51,158 shares of the company’s stock worth $2,004,000 after purchasing an additional 5,677 shares during the last quarter. One Capital Management LLC grew its stake in shares of iShares ESG Aware MSCI EM ETF by 63.0% during the 3rd quarter. One Capital Management LLC now owns 10,048 shares of the company’s stock valued at $436,000 after purchasing an additional 3,885 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of iShares ESG Aware MSCI EM ETF during the 3rd quarter valued at about $217,000.

iShares ESG Aware MSCI EM ETF Stock Up 1.5%

Shares of NASDAQ ESGE traded up $0.80 during trading on Monday, reaching $54.35. 229,312 shares of the company traded hands, compared to its average volume of 1,133,583. The firm has a 50 day simple moving average of $52.98 and a 200-day simple moving average of $50.72. The stock has a market capitalization of $6.95 billion, a PE ratio of 14.52 and a beta of 0.76. iShares ESG Aware MSCI EM ETF has a 52-week low of $40.07 and a 52-week high of $57.11.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.4023 per share. The ex-dividend date was Monday, June 15th.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.