iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Large Decline in Short Interest

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 21,145 shares, a decrease of 13.1% from the January 29th total of 24,342 shares. Based on an average daily trading volume, of 328,878 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 328,878 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Hollencrest Capital Management purchased a new stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 972 shares of the company’s stock, valued at approximately $65,000.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

PABU opened at $69.34 on Friday. iShares Paris-Aligned Climate MSCI USA ETF has a fifty-two week low of $52.49 and a fifty-two week high of $74.72. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 32.18 and a beta of 1.05. The company’s 50 day moving average price is $71.07 and its two-hundred day moving average price is $71.56.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.249 dividend. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, December 16th.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.