Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Expands By 238.9%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 126,819 shares, an increase of 238.9% from the June 15th total of 37,422 shares. Based on an average daily volume of 63,256 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.6% of the shares of the stock are sold short.

iShares ESG Advanced MSCI USA ETF Stock Performance

Shares of iShares ESG Advanced MSCI USA ETF stock opened at $68.65 on Monday. iShares ESG Advanced MSCI USA ETF has a one year low of $53.05 and a one year high of $69.89. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 28.41 and a beta of 1.08. The business’s 50 day moving average price is $67.14 and its 200 day moving average price is $61.48.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.1226 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 0.7%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC grew its holdings in shares of iShares ESG Advanced MSCI USA ETF by 1,803.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 12,279 shares of the company’s stock valued at $707,000 after purchasing an additional 11,634 shares during the period. Concurrent Investment Advisors LLC purchased a new position in iShares ESG Advanced MSCI USA ETF during the fourth quarter worth about $698,000. Dana Investment Advisors Inc. purchased a new position in iShares ESG Advanced MSCI USA ETF during the fourth quarter worth about $498,000. Allworth Financial LP boosted its holdings in iShares ESG Advanced MSCI USA ETF by 3.2% in the 3rd quarter. Allworth Financial LP now owns 292,208 shares of the company’s stock valued at $16,746,000 after purchasing an additional 9,131 shares during the last quarter. Finally, Asempa Wealth Advisors acquired a new position in iShares ESG Advanced MSCI USA ETF in the 4th quarter valued at about $665,000.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.