iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Up 2,324.8% in March

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 346,363 shares, a growth of 2,324.8% from the February 26th total of 14,284 shares. Based on an average trading volume of 309,119 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 309,119 shares, the short-interest ratio is currently 1.1 days.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.2%

Shares of iShares ESG Aware USD Corporate Bond ETF stock traded down $0.05 on Tuesday, reaching $23.00. 222,187 shares of the stock were exchanged, compared to its average volume of 271,752. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $22.15 and a 1-year high of $23.85. The business has a fifty day moving average price of $23.42 and a two-hundred day moving average price of $23.49.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0863 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 2.6% in the 4th quarter. JPMorgan Chase & Co. now owns 4,485,956 shares of the company’s stock valued at $104,903,000 after buying an additional 113,296 shares during the period. Fisher Asset Management LLC grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 3.2% during the second quarter. Fisher Asset Management LLC now owns 1,018,357 shares of the company’s stock worth $23,656,000 after acquiring an additional 31,308 shares during the period. Janney Montgomery Scott LLC raised its position in iShares ESG Aware USD Corporate Bond ETF by 12.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 253,850 shares of the company’s stock worth $5,936,000 after acquiring an additional 28,204 shares in the last quarter. United Capital Financial Advisors LLC raised its position in iShares ESG Aware USD Corporate Bond ETF by 42.8% in the third quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock worth $4,783,000 after acquiring an additional 60,806 shares in the last quarter. Finally, Rossby Financial LCC lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 0.8% in the third quarter. Rossby Financial LCC now owns 123,907 shares of the company’s stock valued at $2,919,000 after acquiring an additional 990 shares during the period.

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.