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

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 159,566 shares, a growth of 1,026.7% from the June 15th total of 14,162 shares. Based on an average daily trading volume, of 205,103 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are sold short.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.2%

Shares of NASDAQ:SUSC traded down $0.04 during midday trading on Friday, reaching $22.88. The company had a trading volume of 94,957 shares, compared to its average volume of 309,740. The stock’s fifty day moving average price is $23.07 and its 200-day moving average price is $23.25. iShares ESG Aware USD Corporate Bond ETF has a one year low of $22.77 and a one year high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.088 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09.

Institutional Investors Weigh In On iShares ESG Aware USD Corporate Bond ETF

Institutional investors have recently modified their holdings of the stock. McIlrath & Eck LLC grew its stake in iShares ESG Aware USD Corporate Bond ETF by 2.3% in the first quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock worth $659,000 after purchasing an additional 643 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 6.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock worth $1,113,000 after buying an additional 2,768 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 14.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,351 shares of the company’s stock worth $101,000 after acquiring an additional 533 shares in the last quarter. Wells Financial Advisors INC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 3.1% in the 1st quarter. Wells Financial Advisors INC now owns 23,045 shares of the company’s stock worth $533,000 after acquiring an additional 700 shares in the last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 7,563.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 20,386 shares of the company’s stock valued at $470,000 after acquiring an additional 20,120 shares during the last quarter.

About iShares ESG Aware USD Corporate Bond ETF

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.