Short Interest in iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Expands By 113.2%

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 108,461 shares, an increase of 113.2% from the May 14th total of 50,862 shares. Based on an average trading volume of 81,166 shares, the short-interest ratio is presently 1.3 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the 1st quarter worth $55,000. EverSource Wealth Advisors LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the 1st quarter worth $264,000. Royal Bank of Canada grew its stake in iShares ESG Advanced MSCI EAFE ETF by 21.7% during the 1st quarter. Royal Bank of Canada now owns 48,493 shares of the company’s stock worth $3,659,000 after buying an additional 8,649 shares during the last quarter. Gateway Wealth Partners LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the 1st quarter worth $467,000. Finally, Wealth Alliance LLC bought a new position in iShares ESG Advanced MSCI EAFE ETF during the 1st quarter worth $445,000.

iShares ESG Advanced MSCI EAFE ETF Stock Up 0.2%

DMXF stock traded up $0.17 during midday trading on Friday, reaching $84.36. The company had a trading volume of 34,549 shares, compared to its average volume of 84,133. The stock has a 50 day moving average price of $81.34 and a 200 day moving average price of $78.87. iShares ESG Advanced MSCI EAFE ETF has a fifty-two week low of $71.12 and a fifty-two week high of $84.60. The firm has a market capitalization of $1.04 billion, a PE ratio of 19.02 and a beta of 0.85.

iShares ESG Advanced MSCI EAFE ETF Company Profile

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.