iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Short Interest Up 48.1% in August

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 23,700 shares, an increase of 48.1% from the August 15th total of 16,000 shares. Based on an average trading volume of 44,400 shares, the days-to-cover ratio is presently 0.5 days.

iShares ESG MSCI USA Leaders ETF Price Performance

Shares of NASDAQ:SUSL traded down $1.13 during trading on Friday, reaching $78.75. 16,719 shares of the company were exchanged, compared to its average volume of 201,614. The firm has a market capitalization of $1.10 billion, a PE ratio of 19.77 and a beta of 1.00. The business’s fifty day simple moving average is $78.76 and its 200-day simple moving average is $74.92. iShares ESG MSCI USA Leaders ETF has a 12-month low of $59.87 and a 12-month high of $80.42.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of institutional investors have recently modified their holdings of SUSL. JPMorgan Chase & Co. purchased a new position in shares of iShares ESG MSCI USA Leaders ETF during the first quarter worth approximately $273,000. Cetera Advisor Networks LLC bought a new position in shares of iShares ESG MSCI USA Leaders ETF during the first quarter valued at approximately $222,000. Laurel Wealth Advisors Inc. bought a new position in shares of iShares ESG MSCI USA Leaders ETF during the first quarter valued at approximately $306,000. Flow Traders U.S. LLC boosted its stake in shares of iShares ESG MSCI USA Leaders ETF by 61.4% during the first quarter. Flow Traders U.S. LLC now owns 44,371 shares of the company’s stock valued at $3,514,000 after purchasing an additional 16,872 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of iShares ESG MSCI USA Leaders ETF by 12.3% during the first quarter. Captrust Financial Advisors now owns 8,594 shares of the company’s stock valued at $681,000 after purchasing an additional 941 shares in the last quarter.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.