iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Sees Significant Increase in Short Interest

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 21,441 shares, a growth of 90.7% from the August 15th total of 11,241 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 48,932 shares, the short-interest ratio is currently 0.4 days.

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

Shares of EUSB stock traded down $0.01 during trading hours on Tuesday, hitting $42.16. 68,543 shares of the company were exchanged, compared to its average volume of 55,666. iShares ESG Advanced Total USD Bond Market ETF has a one year low of $42.12 and a one year high of $44.47. The business’s 50-day simple moving average is $42.83 and its two-hundred day simple moving average is $43.27.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares ESG Advanced Total USD Bond Market ETF stock. Whitegate Investment Counselors Inc. grew its position in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) by 16.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,018 shares of the company’s stock after acquiring an additional 839 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission.

iShares ESG Advanced Total USD Bond Market ETF Company Profile

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.