Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Declines By 23.4%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 38,400 shares, a decline of 23.4% from the January 31st total of 50,100 shares. Based on an average trading volume of 211,200 shares, the days-to-cover ratio is currently 0.2 days.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.3 %

SUSC stock opened at $23.07 on Thursday. The business’s 50 day moving average price is $22.82 and its two-hundred day moving average price is $23.16. iShares ESG Aware USD Corporate Bond ETF has a fifty-two week low of $22.18 and a fifty-two week high of $23.97.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a $0.0845 dividend. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend is Monday, March 3rd.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 4th quarter worth about $38,000. Ameriflex Group Inc. bought a new stake in iShares ESG Aware USD Corporate Bond ETF during the fourth quarter worth about $59,000. Morton Brown Family Wealth LLC increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 51.1% during the fourth quarter. Morton Brown Family Wealth LLC now owns 6,796 shares of the company’s stock valued at $154,000 after purchasing an additional 2,299 shares in the last quarter. ST Germain D J Co. Inc. purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the fourth quarter valued at approximately $193,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 6.8% during the fourth quarter. Jones Financial Companies Lllp now owns 9,782 shares of the company’s stock valued at $222,000 after purchasing an additional 625 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Company Profile

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index.