iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU – Get 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:PABU – Free 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
iShares Paris-Aligned Climate MSCI USA ETF Company Profile
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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