iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Increase in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 68,643 shares, an increase of 61.9% from the July 30th total of 42,395 shares. Based on an average daily volume of 211,768 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares ESG Aware USD Corporate Bond ETF

Several hedge funds have recently modified their holdings of SUSC. Cornerstone Financial Management LLC increased its position in iShares ESG Aware USD Corporate Bond ETF by 10.9% during the second quarter. Cornerstone Financial Management LLC now owns 17,344 shares of the company’s stock worth $402,000 after purchasing an additional 1,699 shares during the last quarter. Blue Edge Capital LLC acquired a new stake in iShares ESG Aware USD Corporate Bond ETF during the 2nd quarter worth approximately $360,000. First Bancorp Inc ME purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF in the 2nd quarter valued at $55,000. McIlrath & Eck LLC lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 2.3% during the 1st quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock valued at $659,000 after acquiring an additional 643 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in iShares ESG Aware USD Corporate Bond ETF by 6.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock worth $1,113,000 after purchasing an additional 2,768 shares during the period.

iShares ESG Aware USD Corporate Bond ETF Price Performance

Shares of NASDAQ:SUSC traded down $0.03 during midday trading on Monday, reaching $22.67. The company’s stock had a trading volume of 109,068 shares, compared to its average volume of 285,673. iShares ESG Aware USD Corporate Bond ETF has a 1 year low of $22.56 and a 1 year high of $23.85. The business has a 50 day moving average price of $22.84 and a 200 day moving average price of $23.07.

iShares ESG Aware USD Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.0883 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.7%.

iShares ESG Aware USD Corporate Bond ETF Company Profile

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.