Short Interest in iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Grows By 94.9%

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 123,688 shares, a growth of 94.9% from the June 30th total of 63,468 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 19,585 shares, the short-interest ratio is currently 6.3 days.

iShares ESG MSCI USA Leaders ETF Stock Performance

NASDAQ:SUSL opened at $130.99 on Friday. The firm has a market cap of $1.14 billion, a PE ratio of 27.42 and a beta of 1.04. iShares ESG MSCI USA Leaders ETF has a fifty-two week low of $109.43 and a fifty-two week high of $134.27. The business has a 50 day moving average price of $131.57 and a 200-day moving average price of $125.23.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2852 per share. This represents a $1.14 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares ESG MSCI USA Leaders ETF

A number of hedge funds have recently modified their holdings of SUSL. Royal Bank of Canada boosted its holdings in shares of iShares ESG MSCI USA Leaders ETF by 0.4% during the first quarter. Royal Bank of Canada now owns 376,738 shares of the company’s stock worth $42,798,000 after purchasing an additional 1,425 shares during the period. Ellevest Inc. raised its position in iShares ESG MSCI USA Leaders ETF by 3.6% during the 4th quarter. Ellevest Inc. now owns 148,459 shares of the company’s stock valued at $18,003,000 after purchasing an additional 5,179 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in iShares ESG MSCI USA Leaders ETF by 2.6% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 83,118 shares of the company’s stock worth $10,079,000 after buying an additional 2,114 shares during the period. Trilogy Capital Inc. lifted its holdings in iShares ESG MSCI USA Leaders ETF by 3.6% in the 2nd quarter. Trilogy Capital Inc. now owns 80,901 shares of the company’s stock worth $10,740,000 after buying an additional 2,828 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of iShares ESG MSCI USA Leaders ETF by 0.8% in the 1st quarter. Sanctuary Advisors LLC now owns 79,626 shares of the company’s stock worth $9,046,000 after buying an additional 635 shares during the last quarter.

About iShares ESG MSCI USA Leaders ETF

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.