iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Significant Drop in Short Interest

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 1,042,127 shares, a decrease of 51.2% from the January 15th total of 2,135,108 shares. Based on an average daily trading volume, of 1,445,814 shares, the short-interest ratio is presently 0.7 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 1,445,814 shares, the short-interest ratio is presently 0.7 days.

iShares ESG Aware MSCI EM ETF Trading Down 1.0%

Shares of ESGE traded down $0.49 during mid-day trading on Thursday, hitting $49.09. The company’s stock had a trading volume of 695,905 shares, compared to its average volume of 1,117,373. iShares ESG Aware MSCI EM ETF has a 1-year low of $30.57 and a 1-year high of $49.89. The firm has a market capitalization of $6.44 billion, a P/E ratio of 14.52 and a beta of 0.66. The firm has a 50-day simple moving average of $45.85 and a 200 day simple moving average of $43.78.

iShares ESG Aware MSCI EM ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.7318 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 342.0%.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Grey Fox Wealth Advisors LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF during the 3rd quarter valued at approximately $45,000. GGM Financials LLC acquired a new stake in shares of iShares ESG Aware MSCI EM ETF in the 3rd quarter valued at about $58,000. North Star Investment Management Corp. bought a new stake in iShares ESG Aware MSCI EM ETF in the third quarter valued at about $63,000. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares ESG Aware MSCI EM ETF during the second quarter valued at approximately $68,000. Finally, EQ Wealth Advisors LLC acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the 4th quarter worth approximately $70,000.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.