iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Stock Short Interest Drops 48.1%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 7,882 shares, a drop of 48.1% from the September 15th total of 15,197 shares. Based on an average trading volume of 36,750 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its position in shares of iShares MSCI USA ESG Select ETF by 7.9% in the 3rd quarter. GAMMA Investing LLC now owns 954 shares of the company’s stock valued at $149,000 after purchasing an additional 70 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of iShares MSCI USA ESG Select ETF by 17.9% in the 1st quarter. Parallel Advisors LLC now owns 500 shares of the company’s stock valued at $66,000 after purchasing an additional 76 shares in the last quarter. Excelsior Advisor Network LLC raised its stake in shares of iShares MSCI USA ESG Select ETF by 3.5% in the 1st quarter. Excelsior Advisor Network LLC now owns 2,608 shares of the company’s stock valued at $345,000 after purchasing an additional 87 shares in the last quarter. Pathway Financial Advisors LLC lifted its position in shares of iShares MSCI USA ESG Select ETF by 5.9% during the second quarter. Pathway Financial Advisors LLC now owns 1,869 shares of the company’s stock worth $288,000 after purchasing an additional 104 shares during the last quarter. Finally, Family Manage LLC lifted its position in shares of iShares MSCI USA ESG Select ETF by 6.6% during the first quarter. Family Manage LLC now owns 1,798 shares of the company’s stock worth $238,000 after purchasing an additional 112 shares during the last quarter.

iShares MSCI USA ESG Select ETF Trading Down 1.2%

iShares MSCI USA ESG Select ETF stock traded down $1.97 during mid-day trading on Wednesday, hitting $156.65. The company’s stock had a trading volume of 10,440 shares, compared to its average volume of 48,078. iShares MSCI USA ESG Select ETF has a 1 year low of $128.09 and a 1 year high of $160.35. The firm has a market capitalization of $4.07 billion, a PE ratio of -280.89 and a beta of 1.06. The stock’s fifty day moving average is $157.53 and its two-hundred day moving average is $151.72.

About iShares MSCI USA ESG Select ETF

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.