Short Interest in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Declines By 30.8%

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 16,600 shares, a decline of 30.8% from the February 28th total of 24,000 shares. Based on an average daily volume of 147,300 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares Paris-Aligned Climate MSCI USA ETF Trading Down 2.1 %

NASDAQ PABU traded down $1.27 during trading on Friday, reaching $59.67. The company’s stock had a trading volume of 254 shares, compared to its average volume of 84,293. The firm has a 50 day moving average price of $63.90 and a 200 day moving average price of $64.40. iShares Paris-Aligned Climate MSCI USA ETF has a 12 month low of $53.17 and a 12 month high of $67.63. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 29.73 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $0.111 dividend. The ex-dividend date was Tuesday, March 18th.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. bought a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,474 shares of the company’s stock, valued at approximately $226,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.