iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Short Interest Up 113.2% in May

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 108,461 shares, an increase of 113.2% from the May 14th total of 50,862 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 81,166 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DMXF. PNC Financial Services Group Inc. bought a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the 1st quarter worth approximately $26,000. Evolution Wealth Management Inc. increased its holdings in iShares ESG Advanced MSCI EAFE ETF by 65.0% during the fourth quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after buying an additional 165 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth $34,000. SHP Wealth Management bought a new stake in iShares ESG Advanced MSCI EAFE ETF during the fourth quarter worth $36,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in iShares ESG Advanced MSCI EAFE ETF in the third quarter valued at $50,000.

iShares ESG Advanced MSCI EAFE ETF Trading Up 0.8%

iShares ESG Advanced MSCI EAFE ETF stock opened at $84.87 on Monday. iShares ESG Advanced MSCI EAFE ETF has a 1-year low of $71.12 and a 1-year high of $84.87. The company has a fifty day simple moving average of $81.34 and a 200 day simple moving average of $78.87. The company has a market cap of $1.04 billion, a P/E ratio of 19.02 and a beta of 0.85.

About iShares ESG Advanced MSCI EAFE ETF

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.