Short Interest in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Declines By 13.1%

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 21,145 shares, a decline of 13.1% from the January 29th total of 24,342 shares. Based on an average trading volume of 328,878 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 328,878 shares, the short-interest ratio is currently 0.1 days.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

Shares of PABU traded down $0.19 during trading hours on Thursday, reaching $69.57. 792 shares of the company’s stock traded hands, compared to its average volume of 71,704. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 32.18 and a beta of 1.05. iShares Paris-Aligned Climate MSCI USA ETF has a twelve month low of $52.49 and a twelve month high of $74.72. The business’s fifty day simple moving average is $71.16 and its two-hundred day simple moving average is $71.58.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.249 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. Hollencrest Capital Management purchased a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 972 shares of the company’s stock, valued at approximately $65,000.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.