iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Significant Increase in Short Interest

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGGGet Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 2,988,602 shares, an increase of 2,088.3% from the December 31st total of 136,572 shares. Currently, 3.1% of the shares of the company are short sold. Based on an average daily volume of 576,051 shares, the days-to-cover ratio is currently 5.2 days. Based on an average daily volume of 576,051 shares, the days-to-cover ratio is currently 5.2 days. Currently, 3.1% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares ESG Aware U.S. Aggregate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of EAGG. Triumph Capital Management purchased a new position in iShares ESG Aware U.S. Aggregate Bond ETF during the 3rd quarter worth $51,000. GPS Wealth Strategies Group LLC lifted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 58.4% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,522 shares of the company’s stock worth $72,000 after buying an additional 561 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 2nd quarter valued at $88,000. Motco grew its position in iShares ESG Aware U.S. Aggregate Bond ETF by 43.1% in the 2nd quarter. Motco now owns 1,885 shares of the company’s stock valued at $89,000 after acquiring an additional 568 shares in the last quarter. Finally, RMG Wealth Management LLC acquired a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the second quarter worth about $124,000.

iShares ESG Aware U.S. Aggregate Bond ETF Trading Down 0.1%

NYSEARCA:EAGG opened at $47.99 on Wednesday. iShares ESG Aware U.S. Aggregate Bond ETF has a 12-month low of $46.14 and a 12-month high of $48.54. The stock has a 50-day moving average price of $47.97 and a 200 day moving average price of $47.87.

iShares ESG Aware U.S. Aggregate Bond ETF Company Profile

(Get Free Report)

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.

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