Short Interest in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Drops By 79.0%

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDGGet Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 893 shares, a drop of 79.0% from the May 31st total of 4,261 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,710 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares MSCI Global Sustainable Development Goals ETF stock. Ameriflex Group Inc. raised its holdings in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDGFree Report) by 98.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 364 shares of the company’s stock after acquiring an additional 181 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares MSCI Global Sustainable Development Goals ETF were worth $30,000 as of its most recent filing with the SEC.

iShares MSCI Global Sustainable Development Goals ETF Stock Performance

SDG traded up $0.12 during trading on Monday, reaching $88.36. The company’s stock had a trading volume of 11,002 shares, compared to its average volume of 4,694. The company’s fifty day moving average price is $90.06 and its 200-day moving average price is $86.79. iShares MSCI Global Sustainable Development Goals ETF has a 52-week low of $75.34 and a 52-week high of $93.14. The company has a market capitalization of $167.88 million, a price-to-earnings ratio of 18.86 and a beta of 0.64.

iShares MSCI Global Sustainable Development Goals ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.6612 dividend. The ex-dividend date was Monday, June 15th.

About iShares MSCI Global Sustainable Development Goals ETF

(Get Free Report)

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.

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