iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Down 23.6% in January

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 24,342 shares, a drop of 23.6% from the January 15th total of 31,853 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 279,196 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 279,196 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

iShares Paris-Aligned Climate MSCI USA ETF Stock Up 0.1%

Shares of NASDAQ PABU traded up $0.05 during midday trading on Friday, hitting $68.96. The stock had a trading volume of 21,404 shares, compared to its average volume of 94,237. The business’s 50 day moving average is $72.07 and its 200-day moving average is $71.50. iShares Paris-Aligned Climate MSCI USA ETF has a 52 week low of $52.49 and a 52 week high of $74.72. The company has a market cap of $2.21 billion, a P/E ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.249 per share. The ex-dividend date was Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 1.4%. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,361 shares of the company’s stock, valued at approximately $242,000.

About iShares Paris-Aligned Climate MSCI USA ETF

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.