iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Short Interest Down 36.5% in August

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 59,167 shares, a decline of 36.5% from the August 15th total of 93,246 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 27,631 shares, the days-to-cover ratio is currently 2.1 days.

iShares ESG MSCI USA Leaders ETF Price Performance

iShares ESG MSCI USA Leaders ETF stock traded up $1.44 during midday trading on Thursday, hitting $135.01. 6,466 shares of the company were exchanged, compared to its average volume of 28,672. The company has a market cap of $1.21 billion, a PE ratio of 27.42 and a beta of 1.04. iShares ESG MSCI USA Leaders ETF has a fifty-two week low of $109.85 and a fifty-two week high of $139.20. The company’s fifty day moving average price is $135.07 and its 200-day moving average price is $128.72.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.3259 per share. This represents a $1.30 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a positive change from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.29.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

Several institutional investors and hedge funds have recently made changes to their positions in SUSL. SmartHarvest Portfolios LLC acquired a new position in iShares ESG MSCI USA Leaders ETF in the fourth quarter worth about $564,000. Ellevest Inc. lifted its holdings in iShares ESG MSCI USA Leaders ETF by 3.6% during the 4th quarter. Ellevest Inc. now owns 148,459 shares of the company’s stock worth $18,003,000 after buying an additional 5,179 shares during the last quarter. Trilogy Capital Inc. bought a new position in iShares ESG MSCI USA Leaders ETF during the 1st quarter worth approximately $8,869,000. Pathfinder Wealth Consulting Inc. acquired a new position in shares of iShares ESG MSCI USA Leaders ETF in the 4th quarter worth approximately $569,000. Finally, Reynders McVeigh Capital Management LLC acquired a new position in shares of iShares ESG MSCI USA Leaders ETF in the 2nd quarter worth approximately $578,000.

About iShares ESG MSCI USA Leaders ETF

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.