Short Interest in iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Decreases By 41.4%

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totalling 55,900 shares, a drop of 41.4% from the July 15th total of 95,400 shares. Based on an average daily volume of 101,600 shares, the short-interest ratio is currently 0.6 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

Shares of SUSB traded up $0.05 during trading hours on Tuesday, hitting $24.89. The company’s stock had a trading volume of 57,914 shares, compared to its average volume of 111,739. The business has a 50 day simple moving average of $24.59 and a two-hundred day simple moving average of $24.45. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 52-week low of $23.55 and a 52-week high of $24.94.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a $0.0813 dividend. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $0.98 annualized dividend and a dividend yield of 3.92%.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Several hedge funds have recently bought and sold shares of SUSB. Fisher Asset Management LLC grew its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 138,287 shares of the company’s stock valued at $3,385,000 after acquiring an additional 4,473 shares in the last quarter. AGF Management Ltd. bought a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 4th quarter worth approximately $211,000. Tradition Wealth Management LLC increased its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 3.9% in the fourth quarter. Tradition Wealth Management LLC now owns 20,416 shares of the company’s stock worth $500,000 after buying an additional 769 shares during the period. Fairview Capital Investment Management LLC increased its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 1.6% in the fourth quarter. Fairview Capital Investment Management LLC now owns 31,600 shares of the company’s stock worth $774,000 after buying an additional 500 shares during the period. Finally, ST Germain D J Co. Inc. increased its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.7% in the first quarter. ST Germain D J Co. Inc. now owns 220,800 shares of the company’s stock worth $5,405,000 after buying an additional 17,636 shares during the period.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index.