Short Interest in iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Drops By 36.2%

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 366,767 shares, a drop of 36.2% from the April 30th total of 575,146 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 280,489 shares, the days-to-cover ratio is currently 1.3 days.

iShares ESG Aware MSCI EAFE ETF Stock Performance

Shares of NASDAQ:ESGD opened at $102.99 on Thursday. The company has a market cap of $11.49 billion, a P/E ratio of 16.73 and a beta of 0.79. iShares ESG Aware MSCI EAFE ETF has a one year low of $85.48 and a one year high of $104.81. The business’s 50-day simple moving average is $100.36 and its 200 day simple moving average is $98.57.

Institutional Investors Weigh In On iShares ESG Aware MSCI EAFE ETF

Several hedge funds have recently modified their holdings of ESGD. Brighton Jones LLC raised its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 13.7% during the 4th quarter. Brighton Jones LLC now owns 10,341 shares of the company’s stock valued at $787,000 after buying an additional 1,249 shares during the period. Prudential Financial Inc. purchased a new stake in shares of iShares ESG Aware MSCI EAFE ETF during the 2nd quarter valued at about $268,000. CW Advisors LLC raised its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 6.0% during the 2nd quarter. CW Advisors LLC now owns 3,260 shares of the company’s stock valued at $291,000 after buying an additional 185 shares during the period. NewEdge Advisors LLC raised its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 19.6% during the 2nd quarter. NewEdge Advisors LLC now owns 80,269 shares of the company’s stock valued at $7,162,000 after buying an additional 13,136 shares during the period. Finally, Diversify Advisory Services LLC raised its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 54.4% during the 2nd quarter. Diversify Advisory Services LLC now owns 5,624 shares of the company’s stock valued at $510,000 after buying an additional 1,982 shares during the period.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.