iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Stock Short Interest Drops 48.1%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 7,882 shares, a drop of 48.1% from the September 15th total of 15,197 shares. Based on an average daily trading volume, of 36,750 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

iShares MSCI USA ESG Select ETF Stock Performance

Shares of iShares MSCI USA ESG Select ETF stock traded down $1.97 on Wednesday, reaching $156.65. 10,440 shares of the company were exchanged, compared to its average volume of 48,078. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of -280.89 and a beta of 1.06. iShares MSCI USA ESG Select ETF has a 1-year low of $128.09 and a 1-year high of $160.35. The company’s 50-day moving average is $157.53 and its two-hundred day moving average is $151.72.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA ESG Select ETF by 7.9% in the 3rd quarter. GAMMA Investing LLC now owns 954 shares of the company’s stock worth $149,000 after acquiring an additional 70 shares during the period. Parallel Advisors LLC increased its position in shares of iShares MSCI USA ESG Select ETF by 17.9% during the 1st quarter. Parallel Advisors LLC now owns 500 shares of the company’s stock valued at $66,000 after purchasing an additional 76 shares during the period. Excelsior Advisor Network LLC increased its position in shares of iShares MSCI USA ESG Select ETF by 3.5% during the 1st quarter. Excelsior Advisor Network LLC now owns 2,608 shares of the company’s stock valued at $345,000 after purchasing an additional 87 shares during the period. Pathway Financial Advisors LLC raised its stake in shares of iShares MSCI USA ESG Select ETF by 5.9% in the 2nd quarter. Pathway Financial Advisors LLC now owns 1,869 shares of the company’s stock worth $288,000 after buying an additional 104 shares in the last quarter. Finally, Family Manage LLC raised its stake in shares of iShares MSCI USA ESG Select ETF by 6.6% in the 1st quarter. Family Manage LLC now owns 1,798 shares of the company’s stock worth $238,000 after buying an additional 112 shares in the last quarter.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.