iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Significant Decrease in Short Interest

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 63,468 shares, a decline of 47.3% from the June 15th total of 120,377 shares. Based on an average trading volume of 21,474 shares, the short-interest ratio is currently 3.0 days. Currently, 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares ESG MSCI USA Leaders ETF

A number of institutional investors have recently added to or reduced their stakes in SUSL. Trilogy Capital Inc. purchased a new position in shares of iShares ESG MSCI USA Leaders ETF during the 1st quarter worth about $8,869,000. Xena Financial Planning LLC purchased a new stake in iShares ESG MSCI USA Leaders ETF in the 4th quarter worth about $5,060,000. Raymond James Financial Inc. lifted its stake in iShares ESG MSCI USA Leaders ETF by 284.0% in the second quarter. Raymond James Financial Inc. now owns 46,871 shares of the company’s stock worth $5,078,000 after purchasing an additional 34,665 shares during the last quarter. Quantinno Capital Management LP bought a new stake in iShares ESG MSCI USA Leaders ETF in the first quarter worth about $2,859,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares ESG MSCI USA Leaders ETF by 3.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 254,439 shares of the company’s stock valued at $31,258,000 after buying an additional 9,577 shares during the period.

iShares ESG MSCI USA Leaders ETF Price Performance

Shares of NASDAQ:SUSL traded down $0.43 during trading on Wednesday, hitting $132.57. 5,474 shares of the company’s stock were exchanged, compared to its average volume of 31,019. iShares ESG MSCI USA Leaders ETF has a 52-week low of $109.18 and a 52-week high of $134.27. The business’s 50-day simple moving average is $131.64 and its 200 day simple moving average is $124.53. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 27.42 and a beta of 1.04.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2852 dividend. This represents a $1.14 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, June 15th.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.