Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Decreases By 36.0%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,020,376 shares, a drop of 36.0% from the June 30th total of 1,593,286 shares. Based on an average daily trading volume, of 639,255 shares, the short-interest ratio is currently 1.6 days. Approximately 0.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ESGE. NBT Bank N A NY lifted its position in shares of iShares ESG Aware MSCI EM ETF by 1,654.5% in the 1st quarter. NBT Bank N A NY now owns 772 shares of the company’s stock valued at $35,000 after acquiring an additional 728 shares in the last quarter. Hollencrest Capital Management acquired a new stake in iShares ESG Aware MSCI EM ETF during the 1st quarter valued at $39,000. GAMMA Investing LLC raised its stake in iShares ESG Aware MSCI EM ETF by 485.5% during the 2nd quarter. GAMMA Investing LLC now owns 931 shares of the company’s stock valued at $51,000 after purchasing an additional 772 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF in the first quarter valued at $42,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF in the fourth quarter valued at $46,000.

iShares ESG Aware MSCI EM ETF Stock Up 0.9%

iShares ESG Aware MSCI EM ETF stock traded up $0.45 during mid-day trading on Friday, hitting $51.50. 290,345 shares of the company’s stock traded hands, compared to its average volume of 1,178,873. The firm has a 50 day moving average price of $53.39 and a 200 day moving average price of $50.28. The company has a market cap of $6.58 billion, a PE ratio of 14.52 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a one year low of $39.00 and a one year high of $57.11.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.4023 dividend. The ex-dividend date of this dividend was Monday, June 15th.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.