iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Update

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 31,853 shares, an increase of 64.9% from the December 31st total of 19,312 shares. Based on an average trading volume of 14,477 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 14,477 shares, the days-to-cover ratio is presently 2.2 days.

iShares Paris-Aligned Climate MSCI USA ETF Stock Down 0.5%

PABU opened at $71.41 on Monday. The firm has a market cap of $2.23 billion, a P/E ratio of 32.18 and a beta of 1.05. The business’s fifty day simple moving average is $72.69 and its 200 day simple moving average is $71.41. iShares Paris-Aligned Climate MSCI USA ETF has a 52 week low of $52.49 and a 52 week high of $74.72.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $0.249 dividend. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. purchased a new stake in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.