iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Sees Significant Increase in Short Interest

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 41,518 shares, an increase of 68.2% from the July 15th total of 24,689 shares. Based on an average daily volume of 36,937 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in iShares ESG Advanced Total USD Bond Market ETF by 2.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,669 shares of the company’s stock valued at $732,000 after buying an additional 437 shares during the last quarter. Whitegate Investment Counselors Inc. lifted its position in iShares ESG Advanced Total USD Bond Market ETF by 16.2% during the first quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock valued at $262,000 after purchasing an additional 839 shares during the period. Rossby Financial LCC grew its position in iShares ESG Advanced Total USD Bond Market ETF by 5.7% during the 4th quarter. Rossby Financial LCC now owns 6,701 shares of the company’s stock worth $294,000 after purchasing an additional 362 shares during the period. Triumph Capital Management acquired a new position in shares of iShares ESG Advanced Total USD Bond Market ETF in the 3rd quarter valued at about $27,000. Finally, FSB Premier Wealth Management Inc. acquired a new stake in iShares ESG Advanced Total USD Bond Market ETF during the second quarter worth about $272,000.

iShares ESG Advanced Total USD Bond Market ETF Stock Up 0.1%

Shares of NYSEARCA:EUSB opened at $42.81 on Wednesday. The business’s 50-day moving average is $43.10 and its 200 day moving average is $43.46. iShares ESG Advanced Total USD Bond Market ETF has a 1 year low of $42.69 and a 1 year high of $44.47.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.