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

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 24,342 shares, a decline of 23.6% from the January 15th total of 31,853 shares. Based on an average daily trading volume, of 279,196 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 279,196 shares, the days-to-cover ratio is currently 0.1 days.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

Shares of PABU stock traded up $0.05 during trading hours on Friday, reaching $68.96. The company had a trading volume of 21,404 shares, compared to its average volume of 94,237. The business has a fifty day moving average price of $72.07 and a 200-day moving average price of $71.50. iShares Paris-Aligned Climate MSCI USA ETF has a one year low of $52.49 and a one year high of $74.72. The firm has a market cap of $2.21 billion, a PE ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

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

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Hollencrest Capital Management purchased a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 972 shares of the company’s stock, valued at approximately $65,000.

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.