Short Interest in iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Decreases By 89.8%

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 206,383 shares, a decrease of 89.8% from the May 31st total of 2,028,304 shares. Based on an average daily volume of 325,476 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the company’s shares are sold short.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Trading Up 0.1%

SUSB opened at $25.02 on Friday. The firm’s fifty day moving average is $24.98 and its two-hundred day moving average is $25.12. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a twelve month low of $24.84 and a twelve month high of $25.39.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.0842 per share. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Millstone Evans Group LLC bought a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the fourth quarter worth about $42,000. PNC Financial Services Group Inc. lifted its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 68.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,708 shares of the company’s stock valued at $43,000 after purchasing an additional 692 shares in the last quarter. Ameriflex Group Inc. grew its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 102.0% in the 3rd quarter. Ameriflex Group Inc. now owns 2,925 shares of the company’s stock valued at $74,000 after purchasing an additional 1,477 shares during the period. RMG Wealth Management LLC acquired a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 1st quarter valued at approximately $95,000. Finally, VSM Wealth Advisory LLC grew its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 16.2% in the 3rd quarter. VSM Wealth Advisory LLC now owns 4,553 shares of the company’s stock valued at $115,000 after purchasing an additional 635 shares during the period.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.