iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Short Interest Update

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 2,988,602 shares, an increase of 2,088.3% from the December 31st total of 136,572 shares. Based on an average daily volume of 576,051 shares, the short-interest ratio is currently 5.2 days. Currently, 3.1% of the shares of the stock are sold short. Currently, 3.1% of the shares of the stock are sold short. Based on an average daily volume of 576,051 shares, the short-interest ratio is currently 5.2 days.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Down 0.1%

EAGG stock traded down $0.04 on Tuesday, hitting $47.99. 192,134 shares of the company’s stock traded hands, compared to its average volume of 442,949. iShares ESG Aware U.S. Aggregate Bond ETF has a 1-year low of $46.14 and a 1-year high of $48.54. The stock has a fifty day moving average of $47.97 and a 200-day moving average of $47.87.

Hedge Funds Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

Hedge funds have recently modified their holdings of the stock. Triumph Capital Management purchased a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the third quarter valued at $51,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 58.4% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,522 shares of the company’s stock worth $72,000 after buying an additional 561 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the second quarter worth approximately $88,000. Motco increased its position in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 43.1% in the second quarter. Motco now owns 1,885 shares of the company’s stock worth $89,000 after acquiring an additional 568 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the second quarter valued at approximately $124,000.

About iShares ESG Aware U.S. Aggregate Bond ETF

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.