iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Large Increase in Short Interest

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 930,358 shares, an increase of 98.1% from the April 15th total of 469,703 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 190,433 shares, the days-to-cover ratio is currently 4.9 days.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Performance

iShares ESG Aware U.S. Aggregate Bond ETF stock traded down $0.26 during trading hours on Friday, hitting $46.97. 1,263,434 shares of the stock traded hands, compared to its average volume of 380,223. The firm’s 50-day moving average price is $47.56 and its two-hundred day moving average price is $47.88. iShares ESG Aware U.S. Aggregate Bond ETF has a one year low of $46.34 and a one year high of $48.60.

Institutional Trading of iShares ESG Aware U.S. Aggregate Bond ETF

Several large investors have recently bought and sold shares of EAGG. VSM Wealth Advisory LLC boosted its position in iShares ESG Aware U.S. Aggregate Bond ETF by 917.6% during the 4th quarter. VSM Wealth Advisory LLC now owns 692 shares of the company’s stock valued at $33,000 after acquiring an additional 624 shares in the last quarter. Hollencrest Capital Management purchased a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the first quarter valued at approximately $35,000. Triumph Capital Management bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $51,000. Arax Advisory Partners bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 4th quarter worth approximately $66,000. Finally, Cary Street Partners Financial LLC bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 4th quarter worth approximately $105,000.

About iShares ESG Aware U.S. Aggregate Bond ETF

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.