Short Interest in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Drops By 80.9%

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,231 shares, a decrease of 80.9% from the May 31st total of 27,446 shares. Based on an average daily trading volume, of 63,746 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of iShares ESG Advanced Total USD Bond Market ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Whitegate Investment Counselors Inc. boosted its position in shares of iShares ESG Advanced Total USD Bond Market ETF by 16.2% during the first quarter. Whitegate Investment Counselors Inc. now owns 6,018 shares of the company’s stock worth $262,000 after buying an additional 839 shares during the period. Balance Wealth LLC raised its holdings in shares of iShares ESG Advanced Total USD Bond Market ETF by 7.0% in the 1st quarter. Balance Wealth LLC now owns 5,266 shares of the company’s stock valued at $229,000 after buying an additional 344 shares during the period. Rossby Financial LCC lifted its stake in iShares ESG Advanced Total USD Bond Market ETF by 5.7% during the 4th quarter. Rossby Financial LCC now owns 6,701 shares of the company’s stock worth $294,000 after acquiring an additional 362 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares ESG Advanced Total USD Bond Market ETF by 2.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,669 shares of the company’s stock worth $732,000 after acquiring an additional 437 shares in the last quarter. Finally, FSB Premier Wealth Management Inc. boosted its holdings in iShares ESG Advanced Total USD Bond Market ETF by 26.7% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 12,502 shares of the company’s stock valued at $549,000 after acquiring an additional 2,636 shares during the period.

iShares ESG Advanced Total USD Bond Market ETF Price Performance

Shares of EUSB traded up $0.04 during trading on Friday, reaching $43.60. 34,738 shares of the company traded hands, compared to its average volume of 60,535. The stock has a 50-day simple moving average of $43.39 and a 200-day simple moving average of $43.70. iShares ESG Advanced Total USD Bond Market ETF has a twelve month low of $42.84 and a twelve month high of $44.47.

About iShares ESG Advanced Total USD Bond Market ETF

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.