Short Interest in iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) Declines By 9.1%

iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 2,100,000 shares, a decline of 9.1% from the December 15th total of 2,310,000 shares. Based on an average daily trading volume, of 729,400 shares, the days-to-cover ratio is presently 2.9 days.

iShares ESG Aware MSCI USA ETF Trading Up 1.0 %

Shares of NASDAQ:ESGU opened at $131.66 on Monday. The stock has a market cap of $13.49 billion, a P/E ratio of 25.85 and a beta of 1.02. iShares ESG Aware MSCI USA ETF has a 12 month low of $104.14 and a 12 month high of $134.27. The company has a 50 day moving average of $131.07 and a 200 day moving average of $126.02.

iShares ESG Aware MSCI USA ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.408 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Future Financial Wealth Managment LLC bought a new position in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth $38,000. Howe & Rusling Inc. bought a new position in iShares ESG Aware MSCI USA ETF in the third quarter valued at $47,000. GAMMA Investing LLC purchased a new stake in iShares ESG Aware MSCI USA ETF during the third quarter valued at about $59,000. Highline Wealth Partners LLC bought a new stake in iShares ESG Aware MSCI USA ETF during the third quarter worth about $81,000. Finally, SG Americas Securities LLC purchased a new position in shares of iShares ESG Aware MSCI USA ETF in the 3rd quarter worth about $102,000.

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.