iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Growth in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 68,643 shares, a growth of 61.9% from the July 30th total of 42,395 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 211,768 shares, the short-interest ratio is currently 0.3 days.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.1%

NASDAQ SUSC traded down $0.03 on Monday, reaching $22.67. The company had a trading volume of 109,068 shares, compared to its average volume of 285,673. iShares ESG Aware USD Corporate Bond ETF has a 1 year low of $22.56 and a 1 year high of $23.85. The firm has a 50-day moving average of $22.84 and a 200-day moving average of $23.07.

iShares ESG Aware USD Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.0883 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.7%.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. NBT Bank N A NY grew its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 4,865.2% during the first quarter. NBT Bank N A NY now owns 1,142 shares of the company’s stock valued at $26,000 after acquiring an additional 1,119 shares in the last quarter. First Bancorp Inc ME purchased a new position in iShares ESG Aware USD Corporate Bond ETF in the second quarter valued at about $55,000. Millstone Evans Group LLC acquired a new stake in iShares ESG Aware USD Corporate Bond ETF during the 4th quarter valued at approximately $75,000. PNC Financial Services Group Inc. grew its stake in iShares ESG Aware USD Corporate Bond ETF by 14.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock valued at $101,000 after purchasing an additional 533 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in iShares ESG Aware USD Corporate Bond ETF during the 4th quarter worth approximately $114,000.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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