iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Sees Large Increase in Short Interest

Posted by Stephan Jacobs on Nov 14th, 2024

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,690,000 shares, a growth of 56.4% from the October 15th total of 1,720,000 shares. Based on an average daily volume of 456,700 shares, the days-to-cover ratio is currently 5.9 days.

iShares ESG Aware MSCI USA ETF Stock Down 0.6 %

Shares of iShares ESG Aware MSCI USA ETF stock traded down $0.76 during midday trading on Thursday, hitting $130.71. The company had a trading volume of 447,628 shares, compared to its average volume of 760,902. The stock has a market cap of $13.89 billion, a price-to-earnings ratio of 25.85 and a beta of 1.02. The company has a fifty day simple moving average of $126.12 and a 200 day simple moving average of $121.18. iShares ESG Aware MSCI USA ETF has a 12-month low of $98.42 and a 12-month high of $132.12.

iShares ESG Aware MSCI USA ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $0.4387 dividend. The ex-dividend date was Wednesday, September 25th.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Unique Wealth Strategies LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $34,000. Rothschild Investment LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $35,000. Future Financial Wealth Managment LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter worth approximately $38,000. Howe & Rusling Inc. acquired a new position in iShares ESG Aware MSCI USA ETF in the 3rd quarter worth approximately $47,000. Finally, Hobbs Group Advisors LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the 2nd quarter worth approximately $49,000.

About iShares ESG Aware MSCI USA ETF

(Get Free Report)

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.