iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Increase in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 128,500 shares, a growth of 84.4% from the February 28th total of 69,700 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 206,000 shares, the days-to-cover ratio is currently 0.6 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

NASDAQ:SUSB traded up $0.06 on Friday, reaching $24.99. The stock had a trading volume of 195,416 shares, compared to its average volume of 156,185. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 1-year low of $24.17 and a 1-year high of $25.20. The stock has a fifty day moving average price of $24.85 and a 200-day moving average price of $24.86.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.0928 dividend. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ameriflex Group Inc. bought a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the fourth quarter valued at about $35,000. Creative Financial Designs Inc. ADV raised its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 904.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,717 shares of the company’s stock worth $42,000 after acquiring an additional 1,546 shares during the last quarter. Motco lifted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 115.5% during the fourth quarter. Motco now owns 1,862 shares of the company’s stock worth $46,000 after purchasing an additional 998 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 37.3% during the fourth quarter. Farther Finance Advisors LLC now owns 2,418 shares of the company’s stock valued at $60,000 after purchasing an additional 657 shares during the last quarter. Finally, VSM Wealth Advisory LLC acquired a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the fourth quarter valued at approximately $80,000.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index.