Short Interest in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Rises By 322.9%

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 70,200 shares, a growth of 322.9% from the March 15th total of 16,600 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 150,300 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. acquired a new stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,474 shares of the company’s stock, valued at approximately $226,000.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

NASDAQ:PABU traded down $1.67 on Wednesday, reaching $56.23. 218,821 shares of the company’s stock were exchanged, compared to its average volume of 93,501. The stock has a fifty day simple moving average of $61.42 and a 200-day simple moving average of $63.84. iShares Paris-Aligned Climate MSCI USA ETF has a 52 week low of $52.49 and a 52 week high of $67.63. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 28.31 and a beta of 1.06.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

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

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.