iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Significant Increase in Short Interest

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 53,900 shares, a growth of 33.1% from the August 15th total of 40,500 shares. Based on an average daily volume of 251,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares ESG Aware MSCI EAFE ETF

A number of large investors have recently added to or reduced their stakes in ESGD. Brio Consultants LLC grew its stake in shares of iShares ESG Aware MSCI EAFE ETF by 8.5% during the 4th quarter. Brio Consultants LLC now owns 23,354 shares of the company’s stock valued at $1,764,000 after purchasing an additional 1,830 shares during the period. Principal Securities Inc. bought a new stake in iShares ESG Aware MSCI EAFE ETF during the fourth quarter valued at approximately $159,000. Quadrant Capital Group LLC increased its holdings in iShares ESG Aware MSCI EAFE ETF by 4.9% during the fourth quarter. Quadrant Capital Group LLC now owns 11,132 shares of the company’s stock valued at $841,000 after buying an additional 515 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in iShares ESG Aware MSCI EAFE ETF by 73.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 70,947 shares of the company’s stock worth $5,360,000 after acquiring an additional 30,113 shares during the period. Finally, Haverford Trust Co boosted its stake in shares of iShares ESG Aware MSCI EAFE ETF by 12.0% during the 4th quarter. Haverford Trust Co now owns 13,331 shares of the company’s stock worth $1,007,000 after acquiring an additional 1,429 shares during the last quarter.

iShares ESG Aware MSCI EAFE ETF Stock Performance

Shares of NASDAQ:ESGD traded up $0.61 during midday trading on Monday, reaching $82.63. 131,021 shares of the company’s stock traded hands, compared to its average volume of 282,434. The stock has a 50 day moving average of $80.40 and a 200 day moving average of $79.73. The company has a market cap of $8.51 billion, a price-to-earnings ratio of 15.45 and a beta of 0.86. iShares ESG Aware MSCI EAFE ETF has a one year low of $65.74 and a one year high of $83.65.

iShares ESG Aware MSCI EAFE ETF Company Profile

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.