Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Drops By 75.7%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 143,000 shares, a drop of 75.7% from the February 28th total of 588,700 shares. Based on an average daily volume of 699,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

iShares ESG Aware MSCI EM ETF Stock Down 0.7 %

NASDAQ ESGE opened at $35.42 on Thursday. The company has a 50-day simple moving average of $35.06 and a two-hundred day simple moving average of $35.01. iShares ESG Aware MSCI EM ETF has a 12-month low of $31.01 and a 12-month high of $37.72. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 14.98 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were issued a dividend of $0.0222 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Large investors have recently bought and sold shares of the stock. Golden State Wealth Management LLC bought a new position in shares of iShares ESG Aware MSCI EM ETF in the fourth quarter worth approximately $36,000. Whittier Trust Co. of Nevada Inc. grew its holdings in iShares ESG Aware MSCI EM ETF by 51.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,148 shares of the company’s stock worth $38,000 after acquiring an additional 390 shares during the last quarter. Coppell Advisory Solutions LLC increased its position in shares of iShares ESG Aware MSCI EM ETF by 42.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,388 shares of the company’s stock valued at $47,000 after acquiring an additional 414 shares during the period. Trust Co. of Vermont raised its stake in shares of iShares ESG Aware MSCI EM ETF by 61.8% during the fourth quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock valued at $52,000 after acquiring an additional 596 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth about $66,000.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.