iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Stock Short Interest Declines 82.5%

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 400 shares, a drop of 82.5% from the October 15th total of 2,286 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,437 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On iShares MSCI Global Sustainable Development Goals ETF

An institutional investor recently bought a new stake in iShares MSCI Global Sustainable Development Goals ETF stock. Parallel Advisors LLC bought a new position in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,144 shares of the company’s stock, valued at approximately $275,000. Parallel Advisors LLC owned approximately 0.17% of iShares MSCI Global Sustainable Development Goals ETF as of its most recent SEC filing.

iShares MSCI Global Sustainable Development Goals ETF Stock Performance

Shares of SDG stock traded down $0.47 on Friday, reaching $86.02. 461 shares of the company’s stock traded hands, compared to its average volume of 4,154. The company has a market capitalization of $159.13 million, a P/E ratio of 17.87 and a beta of 0.67. iShares MSCI Global Sustainable Development Goals ETF has a 12-month low of $80.38 and a 12-month high of $94.34. The business’s 50 day moving average price is $87.96 and its two-hundred day moving average price is $88.27.

iShares MSCI Global Sustainable Development Goals ETF Company Profile

(Get Free Report)

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.

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