iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Increase in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 158,866 shares, an increase of 59.7% from the September 15th total of 99,460 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 173,960 shares, the short-interest ratio is presently 0.9 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Up 0.1%

NASDAQ:SUSB traded up $0.01 during trading hours on Friday, hitting $24.50. 17,764 shares of the company’s stock traded hands, compared to its average volume of 222,908. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a twelve month low of $24.30 and a twelve month high of $25.39. The stock’s fifty day moving average price is $24.63 and its two-hundred day moving average price is $24.84.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.0960 dividend. The ex-dividend date was Thursday, October 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.7%. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0957.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 3rd quarter valued at $2,049,000. Bank of New York Mellon Corp grew its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% during the 1st quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after acquiring an additional 51,627 shares in the last quarter. Parallel Advisors LLC increased its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% in the 1st quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock worth $541,000 after purchasing an additional 10,627 shares during the last quarter. Park National Corp OH purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 3rd quarter worth about $246,000. Finally, Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock worth $2,369,000 after purchasing an additional 9,402 shares in the last quarter.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.