iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Up 7,938.8% in June

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,305,279 shares, an increase of 7,938.8% from the May 31st total of 28,677 shares. Based on an average daily trading volume, of 1,844,849 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.8% of the company’s shares are sold short.

iShares ESG Aware MSCI EM ETF Trading Up 1.2%

Shares of ESGE stock traded up $0.64 on Thursday, reaching $54.31. 854,767 shares of the company’s stock were exchanged, compared to its average volume of 1,265,559. The company’s fifty day simple moving average is $53.14 and its 200 day simple moving average is $48.90. iShares ESG Aware MSCI EM ETF has a 52 week low of $38.92 and a 52 week high of $57.11. The stock has a market capitalization of $7.08 billion, a PE ratio of 14.52 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.4023 per share. The ex-dividend date was Monday, June 15th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

A number of large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets lifted its holdings in iShares ESG Aware MSCI EM ETF by 29,494.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock valued at $2,805,000 after buying an additional 71,376 shares in the last quarter. Captrust Financial Advisors grew its stake in iShares ESG Aware MSCI EM ETF by 9.1% in the 2nd quarter. Captrust Financial Advisors now owns 36,972 shares of the company’s stock worth $1,448,000 after acquiring an additional 3,086 shares in the last quarter. Blue Edge Capital LLC increased its position in shares of iShares ESG Aware MSCI EM ETF by 12.5% during the second quarter. Blue Edge Capital LLC now owns 51,158 shares of the company’s stock worth $2,004,000 after acquiring an additional 5,677 shares during the period. GGM Financials LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth approximately $58,000. Finally, eCIO Inc. raised its stake in shares of iShares ESG Aware MSCI EM ETF by 12.5% during the third quarter. eCIO Inc. now owns 16,872 shares of the company’s stock valued at $733,000 after acquiring an additional 1,881 shares in the last quarter.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.