iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Shares Shorted: Short Interest Up 342.1% in October

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 196,385 shares, a growth of 342.1% from the September 30th total of 44,419 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 282,240 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SUSC. Bank of New York Mellon Corp boosted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 23.1% during the 1st quarter. Bank of New York Mellon Corp now owns 433,360 shares of the company’s stock worth $10,027,000 after acquiring an additional 81,362 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in iShares ESG Aware USD Corporate Bond ETF by 5.7% during the first quarter. Janney Montgomery Scott LLC now owns 268,193 shares of the company’s stock worth $6,205,000 after acquiring an additional 14,343 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 6.0% in the third quarter. Farther Finance Advisors LLC now owns 121,753 shares of the company’s stock worth $2,672,000 after acquiring an additional 6,942 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 6.1% in the first quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock worth $1,113,000 after acquiring an additional 2,768 shares during the last quarter. Finally, Payden & Rygel acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 3rd quarter valued at approximately $780,000.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.0%

Shares of iShares ESG Aware USD Corporate Bond ETF stock traded down $0.01 during trading on Thursday, hitting $22.30. 81,550 shares of the stock were exchanged, compared to its average volume of 288,417. The company has a fifty day moving average price of $22.31 and a 200-day moving average price of $22.93. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $21.76 and a 1-year high of $23.68.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.0889 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.07 annualized dividend and a yield of 4.8%. This is an increase from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.0887.

About iShares ESG Aware USD Corporate Bond ETF

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.