iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Large Increase in Short Interest

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 982,587 shares, an increase of 396.9% from the September 15th total of 197,743 shares. Based on an average daily volume of 539,105 shares, the short-interest ratio is presently 1.8 days. Approximately 0.9% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares ESG Aware MSCI EAFE ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. HF Advisory Group LLC raised its stake in shares of iShares ESG Aware MSCI EAFE ETF by 3.3% in the third quarter. HF Advisory Group LLC now owns 14,071 shares of the company’s stock worth $1,450,000 after purchasing an additional 445 shares during the last quarter. Acropolis Investment Management LLC purchased a new position in shares of iShares ESG Aware MSCI EAFE ETF during the third quarter valued at approximately $1,811,000. Farther Finance Advisors LLC boosted its position in shares of iShares ESG Aware MSCI EAFE ETF by 17.7% during the third quarter. Farther Finance Advisors LLC now owns 93,627 shares of the company’s stock valued at $9,648,000 after buying an additional 14,047 shares during the last quarter. Apella Capital LLC grew its holdings in iShares ESG Aware MSCI EAFE ETF by 3.3% during the third quarter. Apella Capital LLC now owns 81,599 shares of the company’s stock worth $8,339,000 after buying an additional 2,637 shares in the last quarter. Finally, Leverty Financial Group LLC grew its holdings in iShares ESG Aware MSCI EAFE ETF by 43.5% during the third quarter. Leverty Financial Group LLC now owns 5,434 shares of the company’s stock worth $560,000 after buying an additional 1,646 shares in the last quarter.

iShares ESG Aware MSCI EAFE ETF Stock Performance

ESGD stock opened at $102.46 on Friday. The company has a market cap of $11.82 billion, a P/E ratio of 16.73 and a beta of 0.80. iShares ESG Aware MSCI EAFE ETF has a fifty-two week low of $90.48 and a fifty-two week high of $108.00. The stock’s 50 day simple moving average is $105.52 and its 200 day simple moving average is $102.83.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.