Short Interest in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Grows By 72.1%

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,155 shares, an increase of 72.1% from the February 12th total of 671 shares. Based on an average daily trading volume, of 4,164 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 4,164 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares MSCI Global Sustainable Development Goals ETF

An institutional investor recently bought a new position in iShares MSCI Global Sustainable Development Goals ETF stock. First Horizon Corp bought a new position in shares of iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,236 shares of the company’s stock, valued at approximately $269,000. First Horizon Corp owned about 0.16% of iShares MSCI Global Sustainable Development Goals ETF at the end of the most recent quarter.

iShares MSCI Global Sustainable Development Goals ETF Stock Performance

NASDAQ:SDG traded down $0.46 during mid-day trading on Friday, hitting $82.96. 2,045 shares of the company’s stock traded hands, compared to its average volume of 5,272. The company has a fifty day moving average of $85.52 and a 200 day moving average of $84.37. iShares MSCI Global Sustainable Development Goals ETF has a twelve month low of $64.96 and a twelve month high of $88.49. The company has a market capitalization of $161.77 million, a P/E ratio of 18.86 and a beta of 0.70.

iShares MSCI Global Sustainable Development Goals ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.852 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 203.0%.

iShares MSCI Global Sustainable Development Goals ETF Company Profile

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.