Short Interest in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Declines By 9.1%

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 2,100,000 shares, a decline of 9.1% from the December 31st total of 2,310,000 shares. Based on an average daily trading volume, of 729,400 shares, the short-interest ratio is presently 2.9 days.

iShares ESG Aware MSCI USA ETF Trading Down 0.6 %

ESGU opened at $132.26 on Monday. iShares ESG Aware MSCI USA ETF has a twelve month low of $106.30 and a twelve month high of $134.50. The stock has a market cap of $14.19 billion, a PE ratio of 25.85 and a beta of 1.02. The business’s 50 day moving average is $131.52 and its 200-day moving average is $126.73.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.408 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ESGU. Marshall Wace LLP bought a new stake in iShares ESG Aware MSCI USA ETF during the second quarter worth approximately $1,084,000. Sanctuary Advisors LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the second quarter worth approximately $6,349,000. SG Americas Securities LLC acquired a new position in iShares ESG Aware MSCI USA ETF in the third quarter worth approximately $102,000. Apella Capital LLC grew its position in iShares ESG Aware MSCI USA ETF by 0.6% in the third quarter. Apella Capital LLC now owns 118,315 shares of the company’s stock worth $14,787,000 after buying an additional 715 shares during the last quarter. Finally, ZRC Wealth Management LLC grew its position in iShares ESG Aware MSCI USA ETF by 24.2% in the third quarter. ZRC Wealth Management LLC now owns 30,745 shares of the company’s stock worth $3,879,000 after buying an additional 5,988 shares during the last quarter.

About iShares ESG Aware MSCI USA ETF

The iShares ESG Aware MSCI USA ETF (ESGU) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics. ESGU was launched on Dec 1, 2016 and is managed by BlackRock.