iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Up 20.2% in May

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGUGet Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 1,430,000 shares, a growth of 20.2% from the April 30th total of 1,190,000 shares. Based on an average trading volume of 911,500 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ESGU. CVA Family Office LLC purchased a new position in iShares ESG Aware MSCI USA ETF during the 4th quarter worth approximately $27,000. Parkside Financial Bank & Trust purchased a new position in shares of iShares ESG Aware MSCI USA ETF during the fourth quarter worth $27,000. Harbor Investment Advisory LLC lifted its position in iShares ESG Aware MSCI USA ETF by 120.4% during the fourth quarter. Harbor Investment Advisory LLC now owns 313 shares of the company’s stock valued at $33,000 after purchasing an additional 171 shares during the period. Future Financial Wealth Managment LLC acquired a new position in iShares ESG Aware MSCI USA ETF during the first quarter valued at $35,000. Finally, YHB Investment Advisors Inc. purchased a new stake in iShares ESG Aware MSCI USA ETF in the first quarter valued at $44,000.

iShares ESG Aware MSCI USA ETF Price Performance

ESGU opened at $114.68 on Friday. The firm has a market capitalization of $12.67 billion, a PE ratio of 25.85 and a beta of 1.02. The business’s 50-day moving average is $113.54 and its two-hundred day moving average is $108.80. iShares ESG Aware MSCI USA ETF has a 1 year low of $89.69 and a 1 year high of $117.12.

iShares ESG Aware MSCI USA ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.3842 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.54 annualized dividend and a dividend yield of 1.34%.

About iShares ESG Aware MSCI USA ETF

(Get Free Report)

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.

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