iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Sees Significant Decrease in Short Interest

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMVGet Free Report) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 900 shares, a decline of 59.1% from the March 15th total of 2,200 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

An institutional investor recently bought a new position in iShares ESG MSCI USA Min Vol Factor ETF stock. OLD Mission Capital LLC purchased a new position in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMVFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,610 shares of the company’s stock, valued at approximately $434,000. OLD Mission Capital LLC owned about 5.20% of iShares ESG MSCI USA Min Vol Factor ETF as of its most recent SEC filing.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

Shares of ESMV stock opened at $27.74 on Thursday. The stock has a 50 day simple moving average of $28.35 and a 200-day simple moving average of $28.59. iShares ESG MSCI USA Min Vol Factor ETF has a 1-year low of $25.40 and a 1-year high of $29.95. The company has a market cap of $8.32 million, a price-to-earnings ratio of 24.23 and a beta of 0.80.

iShares ESG MSCI USA Min Vol Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $0.0888 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

About iShares ESG MSCI USA Min Vol Factor ETF

(Get Free Report)

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.

Further Reading

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