Short Interest in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Declines By 79.0%

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 893 shares, a drop of 79.0% from the May 31st total of 4,261 shares. Based on an average daily volume of 3,710 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in iShares MSCI Global Sustainable Development Goals ETF stock. Ameriflex Group Inc. raised its holdings in iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) by 98.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 364 shares of the company’s stock after buying an additional 181 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares MSCI Global Sustainable Development Goals ETF were worth $30,000 at the end of the most recent quarter.

iShares MSCI Global Sustainable Development Goals ETF Stock Performance

Shares of NASDAQ SDG remained flat at $88.24 during mid-day trading on Friday. 9,481 shares of the company traded hands, compared to its average volume of 4,643. The business’s 50-day moving average price is $90.06 and its 200 day moving average price is $86.78. iShares MSCI Global Sustainable Development Goals ETF has a 12 month low of $75.26 and a 12 month high of $93.14. The stock has a market capitalization of $167.66 million, a price-to-earnings ratio of 18.86 and a beta of 0.64.

iShares MSCI Global Sustainable Development Goals ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.6612 dividend. The ex-dividend date of this dividend was Monday, June 15th.

iShares MSCI Global Sustainable Development Goals ETF Company Profile

The iShares MSCI Global Impact ETF (SDG) is an exchange-traded fund that is based on the MSCI ACWI Sustainable Impact index. The fund tracks an index composed of companies whose revenues are driven by products and services that address at least one of the United Nation’s Sustainable Development Goals. SDG was launched on Apr 20, 2016 and is managed by BlackRock.