iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Up 277.2% in July

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABUGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 13,938 shares, a growth of 277.2% from the June 30th total of 3,695 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,560 shares, the days-to-cover ratio is currently 3.1 days.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

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

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

Shares of PABU stock traded up $0.04 during trading hours on Monday, reaching $74.15. 170 shares of the stock were exchanged, compared to its average volume of 54,800. iShares Paris-Aligned Climate MSCI USA ETF has a 12-month low of $63.89 and a 12-month high of $80.55. The company’s 50-day moving average price is $76.49 and its 200-day moving average price is $72.69. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 32.18 and a beta of 1.06.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.1606 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

(Get Free Report)

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.

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