iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) Sees Large Drop in Short Interest

iShares ESG MSCI KLD 400 ETF (NYSEARCA:DSI) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 13,986 shares, a drop of 57.2% from the May 14th total of 32,694 shares. Based on an average trading volume of 123,640 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in DSI. Revolve Wealth Partners LLC raised its position in shares of iShares ESG MSCI KLD 400 ETF by 0.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 16,668 shares of the company’s stock worth $1,838,000 after acquiring an additional 119 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares ESG MSCI KLD 400 ETF by 7.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 269,934 shares of the company’s stock worth $27,644,000 after acquiring an additional 17,894 shares in the last quarter. First Trust Advisors LP raised its position in shares of iShares ESG MSCI KLD 400 ETF by 30.0% in the 2nd quarter. First Trust Advisors LP now owns 2,567 shares of the company’s stock worth $298,000 after acquiring an additional 592 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of iShares ESG MSCI KLD 400 ETF by 8.2% in the 2nd quarter. Baird Financial Group Inc. now owns 10,091 shares of the company’s stock worth $1,172,000 after acquiring an additional 762 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in iShares ESG MSCI KLD 400 ETF in the 2nd quarter valued at about $444,000.

iShares ESG MSCI KLD 400 ETF Trading Up 1.6%

DSI stock opened at $140.04 on Friday. The stock has a 50-day moving average price of $136.00 and a 200-day moving average price of $130.92. iShares ESG MSCI KLD 400 ETF has a 1-year low of $111.14 and a 1-year high of $144.71. The firm has a market cap of $5.27 billion, a PE ratio of 26.56 and a beta of 1.07.

iShares ESG MSCI KLD 400 ETF Company Profile

iShares MSCI KLD 400 Social Index Fund (the Fund), formerly iShares FTSE KLD 400 Social Index Fund, seeks to provide investment results that correspond generally to the price and yield performance of the MSCI KLD 400 Social Index (the Index). The Index is a free float-adjusted market capitalization index designed to measure the equity performance of the United States companies. The Index consists of approximately 400 companies identified by MSCI from the universe of companies included in the MSCI USA IMI Index, which consists of the New York Stock Exchange (NYSE) and NASDAQ Stock Market LLC listed United States equities.