iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Large Drop in Short Interest

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 977 shares, a drop of 62.7% from the September 30th total of 2,616 shares. Based on an average daily volume of 173,456 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

iShares Climate Conscious & Transition MSCI USA ETF Stock Down 2.2%

Shares of USCL opened at $84.77 on Friday. The stock has a market capitalization of $2.76 billion, a P/E ratio of 25.52 and a beta of 1.00. The firm has a fifty day simple moving average of $86.70 and a two-hundred day simple moving average of $82.33. iShares Climate Conscious & Transition MSCI USA ETF has a twelve month low of $72.13 and a twelve month high of $88.50.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a $0.2006 dividend. The ex-dividend date was Tuesday, September 15th. This is a negative change from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.2073. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%.

iShares Climate Conscious & Transition MSCI USA ETF Company Profile

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI. USCL was launched on Jun 6, 2023 and is managed by BlackRock.