iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Short Interest Up 120.0% in March

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,200 shares, an increase of 120.0% from the February 28th total of 1,000 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of iShares ESG MSCI USA Min Vol Factor ETF

An institutional investor recently bought a new position in iShares ESG MSCI USA Min Vol Factor ETF stock. Redwood Park Advisors LLC bought a new position in iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,029 shares of the company’s stock, valued at approximately $29,000. Redwood Park Advisors LLC owned about 0.34% of iShares ESG MSCI USA Min Vol Factor ETF at the end of the most recent reporting period.

iShares ESG MSCI USA Min Vol Factor ETF Trading Down 0.9 %

Shares of NASDAQ ESMV traded down $0.25 during midday trading on Friday, hitting $28.41. 2 shares of the company’s stock were exchanged, compared to its average volume of 2,698. The business’s fifty day moving average price is $28.70 and its two-hundred day moving average price is $28.71. The company has a market cap of $8.52 million, a price-to-earnings ratio of 25.92 and a beta of 0.80. iShares ESG MSCI USA Min Vol Factor ETF has a 12-month low of $25.38 and a 12-month high of $29.95.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a $0.0888 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

About iShares ESG MSCI USA Min Vol Factor ETF

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.