iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Short Interest Up 90.7% in August

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 21,441 shares, a growth of 90.7% from the August 15th total of 11,241 shares. Based on an average daily trading volume, of 48,932 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

NYSEARCA:EUSB traded down $0.01 on Tuesday, reaching $42.16. The stock had a trading volume of 68,543 shares, compared to its average volume of 55,666. The company has a 50-day moving average of $42.83 and a 200 day moving average of $43.27. iShares ESG Advanced Total USD Bond Market ETF has a 12-month low of $42.12 and a 12-month high of $44.47.

Institutional Investors Weigh In On iShares ESG Advanced Total USD Bond Market ETF

A hedge fund recently raised its position in iShares ESG Advanced Total USD Bond Market ETF stock. Balance Wealth LLC grew its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) by 7.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,266 shares of the company’s stock after buying an additional 344 shares during the quarter. Balance Wealth LLC’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $229,000 as of its most recent SEC filing.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.