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

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 38,400 shares, a drop of 23.4% from the January 31st total of 50,100 shares. Based on an average daily volume of 211,200 shares, the short-interest ratio is currently 0.2 days.

iShares ESG Aware USD Corporate Bond ETF Price Performance

SUSC opened at $23.18 on Tuesday. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $22.18 and a 1-year high of $23.97. The company’s 50 day simple moving average is $22.80 and its two-hundred day simple moving average is $23.17.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.0845 dividend. The ex-dividend date is Monday, March 3rd. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SUSC. JPMorgan Chase & Co. increased its holdings in iShares ESG Aware USD Corporate Bond ETF by 10.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,155,431 shares of the company’s stock worth $75,068,000 after purchasing an additional 301,467 shares during the period. Rossby Financial LCC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the fourth quarter worth about $2,786,000. Fisher Asset Management LLC grew its stake in iShares ESG Aware USD Corporate Bond ETF by 6.0% during the 4th quarter. Fisher Asset Management LLC now owns 885,516 shares of the company’s stock worth $20,119,000 after buying an additional 49,848 shares during the last quarter. Klaas Financial Asset Advisors LLC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 27.1% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 151,337 shares of the company’s stock valued at $3,438,000 after acquiring an additional 32,230 shares during the period. Finally, Captrust Financial Advisors purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the third quarter valued at about $297,000.

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.