iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Large Drop in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 27,600 shares, a drop of 75.0% from the December 15th total of 110,300 shares. Based on an average daily volume of 231,600 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Several large investors have recently modified their holdings of the stock. ST Germain D J Co. Inc. bought a new position in iShares ESG Aware USD Corporate Bond ETF in the 4th quarter valued at about $193,000. First Horizon Advisors Inc. grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 12.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 12,325 shares of the company’s stock valued at $293,000 after buying an additional 1,341 shares in the last quarter. Captrust Financial Advisors bought a new position in iShares ESG Aware USD Corporate Bond ETF during the 3rd quarter worth $297,000. EverSource Wealth Advisors LLC bought a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at about $754,000. Finally, Integrated Wealth Concepts LLC increased its position in iShares ESG Aware USD Corporate Bond ETF by 13.6% during the third quarter. Integrated Wealth Concepts LLC now owns 61,724 shares of the company’s stock worth $1,468,000 after acquiring an additional 7,412 shares during the period.

iShares ESG Aware USD Corporate Bond ETF Price Performance

NASDAQ SUSC traded down $0.02 during trading on Tuesday, reaching $22.40. 53,003 shares of the company’s stock were exchanged, compared to its average volume of 221,791. iShares ESG Aware USD Corporate Bond ETF has a fifty-two week low of $22.18 and a fifty-two week high of $23.97. The business has a 50 day moving average price of $22.96 and a 200-day moving average price of $23.21.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.0872 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08.

About iShares ESG Aware USD Corporate Bond ETF

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index.