Short Interest in iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Grows By 723.1%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 19,268 shares, a growth of 723.1% from the May 31st total of 2,341 shares. Based on an average daily volume of 31,893 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

iShares MSCI USA ESG Select ETF Stock Up 0.3%

Shares of iShares MSCI USA ESG Select ETF stock opened at $151.54 on Friday. iShares MSCI USA ESG Select ETF has a 12 month low of $124.76 and a 12 month high of $155.82. The business has a fifty day simple moving average of $149.67 and a 200 day simple moving average of $142.54. The stock has a market cap of $3.97 billion, a PE ratio of -271.73 and a beta of 1.06.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares MSCI USA ESG Select ETF by 696.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 532,734 shares of the company’s stock valued at $74,236,000 after acquiring an additional 465,886 shares during the last quarter. Royal Bank of Canada boosted its stake in iShares MSCI USA ESG Select ETF by 17.2% during the 4th quarter. Royal Bank of Canada now owns 633,422 shares of the company’s stock worth $88,263,000 after acquiring an additional 92,759 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in iShares MSCI USA ESG Select ETF by 44.6% during the third quarter. Mercer Global Advisors Inc. ADV now owns 298,212 shares of the company’s stock valued at $40,452,000 after purchasing an additional 91,997 shares during the period. Quent Long Short Global Small Cap Fund LP acquired a new position in iShares MSCI USA ESG Select ETF during the fourth quarter valued at approximately $12,776,000. Finally, Align Financial LLC bought a new stake in iShares MSCI USA ESG Select ETF in the fourth quarter valued at approximately $6,097,000.

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.