Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Drops By 45.1%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 97,493 shares, a decline of 45.1% from the January 15th total of 177,561 shares. Based on an average daily volume of 172,285 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 172,285 shares, the days-to-cover ratio is currently 0.6 days.

iShares ESG Aware USD Corporate Bond ETF Trading Up 0.2%

NASDAQ SUSC opened at $23.60 on Friday. The stock has a fifty day simple moving average of $23.43 and a 200-day simple moving average of $23.46. iShares ESG Aware USD Corporate Bond ETF has a twelve month low of $22.15 and a twelve month high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0847 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SUSC. Centennial Bank AR increased its stake in iShares ESG Aware USD Corporate Bond ETF by 166.7% during the third quarter. Centennial Bank AR now owns 1,600 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the period. Millstone Evans Group LLC acquired a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the fourth quarter valued at approximately $75,000. Ameriflex Group Inc. increased its stake in iShares ESG Aware USD Corporate Bond ETF by 33.5% during the 3rd quarter. Ameriflex Group Inc. now owns 3,514 shares of the company’s stock worth $83,000 after buying an additional 882 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares ESG Aware USD Corporate Bond ETF during the 2nd quarter worth approximately $86,000. Finally, PNC Financial Services Group Inc. lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 13.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,925 shares of the company’s stock worth $92,000 after buying an additional 465 shares in the last quarter.

About iShares ESG Aware USD Corporate Bond ETF

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.