Short Interest in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Decreases By 13.2%

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,649,477 shares, a drop of 13.2% from the February 26th total of 1,899,824 shares. Based on an average trading volume of 646,083 shares, the short-interest ratio is currently 2.6 days. Currently, 1.6% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

Several large investors have recently added to or reduced their stakes in ESGU. Elyxium Wealth LLC bought a new stake in iShares ESG Aware MSCI USA ETF in the fourth quarter valued at $25,000. Triumph Capital Management bought a new position in shares of iShares ESG Aware MSCI USA ETF during the third quarter worth about $34,000. Caitlin John LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth about $36,000. United Financial Planning Group LLC acquired a new stake in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth about $39,000. Finally, Evolution Wealth Management Inc. lifted its position in iShares ESG Aware MSCI USA ETF by 64.9% in the 4th quarter. Evolution Wealth Management Inc. now owns 282 shares of the company’s stock valued at $42,000 after purchasing an additional 111 shares during the last quarter.

iShares ESG Aware MSCI USA ETF Trading Down 0.3%

NASDAQ:ESGU opened at $137.39 on Tuesday. The stock has a 50 day moving average of $147.46 and a 200-day moving average of $147.70. The firm has a market capitalization of $14.45 billion, a PE ratio of 25.34 and a beta of 1.03. iShares ESG Aware MSCI USA ETF has a 52 week low of $105.18 and a 52 week high of $152.31.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a dividend of $0.3698 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%.

iShares ESG Aware MSCI USA ETF Company Profile

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.