iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Short Interest Up 146,628.1% in May

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 5,003,429 shares, an increase of 146,628.1% from the May 14th total of 3,410 shares. Currently, 16.5% of the shares of the company are sold short. Based on an average daily volume of 90,826 shares, the days-to-cover ratio is presently 55.1 days.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

NASDAQ USCL opened at $83.48 on Wednesday. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of 25.52 and a beta of 1.00. The company’s fifty day moving average is $80.63 and its two-hundred day moving average is $79.26. iShares Climate Conscious & Transition MSCI USA ETF has a 52-week low of $70.96 and a 52-week high of $85.57.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.2313 dividend. This represents a $0.93 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 17th.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI. USCL was launched on Jun 6, 2023 and is managed by BlackRock.