iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Up 378.9% in February

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 456,384 shares, a growth of 378.9% from the January 29th total of 95,291 shares. Based on an average daily volume of 396,197 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 396,197 shares, the days-to-cover ratio is currently 1.2 days.

iShares ESG Aware U.S. Aggregate Bond ETF Price Performance

EAGG traded up $0.08 during trading on Friday, reaching $48.56. The stock had a trading volume of 179,368 shares, compared to its average volume of 395,412. The stock’s 50 day moving average is $48.03 and its two-hundred day moving average is $48.00. iShares ESG Aware U.S. Aggregate Bond ETF has a one year low of $46.14 and a one year high of $48.60.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in iShares ESG Aware U.S. Aggregate Bond ETF by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 8,156,611 shares of the company’s stock worth $390,294,000 after acquiring an additional 131,331 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 4.3% during the second quarter. Bank of New York Mellon Corp now owns 679,364 shares of the company’s stock valued at $32,297,000 after purchasing an additional 27,877 shares during the last quarter. Olde Wealth Management LLC boosted its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 2.6% in the 4th quarter. Olde Wealth Management LLC now owns 438,835 shares of the company’s stock worth $20,998,000 after purchasing an additional 10,942 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 319,146 shares of the company’s stock worth $15,172,000 after purchasing an additional 4,284 shares in the last quarter. Finally, Zevin Asset Management LLC purchased a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 4th quarter worth approximately $12,884,000.

iShares ESG Aware U.S. Aggregate Bond ETF Company Profile

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.