iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Large Growth in Short Interest

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 24,000 shares, a growth of 247.8% from the December 31st total of 6,900 shares. Based on an average daily trading volume, of 117,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. acquired a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,474 shares of the company’s stock, valued at approximately $226,000.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

NASDAQ:PABU traded up $0.49 during midday trading on Wednesday, reaching $65.84. The stock had a trading volume of 106,194 shares, compared to its average volume of 158,923. iShares Paris-Aligned Climate MSCI USA ETF has a 1-year low of $53.17 and a 1-year high of $67.63. The firm’s fifty day simple moving average is $65.94 and its 200-day simple moving average is $63.47. The stock has a market capitalization of $1.93 billion, a P/E ratio of 33.30 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.2098 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous dividend of $0.20.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.