iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Sees Large Drop in Short Interest

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 10,832 shares, a decline of 57.4% from the February 26th total of 25,418 shares. Based on an average trading volume of 63,864 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Triumph Capital Management bought a new stake in iShares ESG Advanced Total USD Bond Market ETF in the third quarter worth $27,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares ESG Advanced Total USD Bond Market ETF in the second quarter worth approximately $48,000. FSB Premier Wealth Management Inc. purchased a new stake in iShares ESG Advanced Total USD Bond Market ETF during the 2nd quarter valued at $272,000. Rossby Financial LCC grew its holdings in iShares ESG Advanced Total USD Bond Market ETF by 413.3% in the 3rd quarter. Rossby Financial LCC now owns 6,339 shares of the company’s stock worth $278,000 after acquiring an additional 5,104 shares during the last quarter. Finally, Coldstream Capital Management Inc. purchased a new stake in shares of iShares ESG Advanced Total USD Bond Market ETF during the second quarter worth about $291,000.

iShares ESG Advanced Total USD Bond Market ETF Price Performance

Shares of EUSB opened at $43.36 on Thursday. The stock’s 50-day simple moving average is $43.94 and its 200 day simple moving average is $43.98. iShares ESG Advanced Total USD Bond Market ETF has a 52-week low of $42.17 and a 52-week high of $44.47.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.