iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Short Interest Down 14.0% in February

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 1,850,000 shares, a decline of 14.0% from the February 13th total of 2,150,000 shares. Based on an average daily volume of 864,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.7% of the company’s stock are sold short.

iShares ESG Aware MSCI USA ETF Price Performance

iShares ESG Aware MSCI USA ETF stock traded up $1.45 during mid-day trading on Wednesday, reaching $123.56. The stock had a trading volume of 236,318 shares, compared to its average volume of 730,862. The company has a market capitalization of $12.94 billion, a price-to-earnings ratio of 25.16 and a beta of 1.04. The company has a 50-day moving average price of $129.81 and a two-hundred day moving average price of $128.77. iShares ESG Aware MSCI USA ETF has a one year low of $108.40 and a one year high of $134.50.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be paid a $0.3282 dividend. The ex-dividend date of this dividend is Tuesday, March 18th.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ESGU. Compass Financial Services Inc bought a new position in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at about $34,000. Centerpoint Advisors LLC lifted its stake in iShares ESG Aware MSCI USA ETF by 42.2% during the 4th quarter. Centerpoint Advisors LLC now owns 266 shares of the company’s stock valued at $34,000 after acquiring an additional 79 shares during the period. Mainstream Capital Management LLC bought a new position in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at about $35,000. C M Bidwell & Associates Ltd. bought a new position in iShares ESG Aware MSCI USA ETF during the 4th quarter valued at about $44,000. Finally, Howe & Rusling Inc. bought a new position in iShares ESG Aware MSCI USA ETF during the 3rd quarter valued at about $47,000.

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.