iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Short Interest Up 90.7% in August

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 21,441 shares, a growth of 90.7% from the August 15th total of 11,241 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 48,932 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares ESG Advanced Total USD Bond Market ETF stock. Whitegate Investment Counselors Inc. boosted its stake in shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) by 16.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,018 shares of the company’s stock after buying an additional 839 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $262,000 as of its most recent SEC filing.

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

EUSB stock traded down $0.03 during midday trading on Wednesday, reaching $42.13. The company’s stock had a trading volume of 16,845 shares, compared to its average volume of 55,447. The stock has a fifty day simple moving average of $42.81 and a two-hundred day simple moving average of $43.26. iShares ESG Advanced Total USD Bond Market ETF has a 1 year low of $42.12 and a 1 year high of $44.47.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.