iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Significant Drop in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 206,383 shares, a drop of 89.8% from the May 31st total of 2,028,304 shares. Based on an average trading volume of 325,476 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Up 0.1%

Shares of SUSB stock opened at $25.02 on Friday. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 1-year low of $24.84 and a 1-year high of $25.39. The stock’s 50-day moving average is $24.98 and its 200 day moving average is $25.12.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.0842 dividend. The ex-dividend date was Monday, June 1st.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Ameriprise Financial Inc. boosted its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 3.8% in the second quarter. Ameriprise Financial Inc. now owns 779,912 shares of the company’s stock valued at $20,292,000 after acquiring an additional 28,670 shares in the last quarter. WFA of San Diego LLC purchased a new position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the second quarter worth $138,000. JPMorgan Chase & Co. increased its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 15.3% during the third quarter. JPMorgan Chase & Co. now owns 429,464 shares of the company’s stock worth $10,870,000 after purchasing an additional 57,108 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 6.4% during the third quarter. Fisher Asset Management LLC now owns 241,536 shares of the company’s stock worth $6,113,000 after purchasing an additional 14,591 shares in the last quarter. Finally, eCIO Inc. lifted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 25.8% during the 3rd quarter. eCIO Inc. now owns 53,224 shares of the company’s stock valued at $1,347,000 after purchasing an additional 10,926 shares during the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.