iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Significant Decrease in Short Interest

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 63,468 shares, a decline of 47.3% from the June 15th total of 120,377 shares. Based on an average daily volume of 21,474 shares, the short-interest ratio is currently 3.0 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares ESG MSCI USA Leaders ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SUSL. Navalign LLC bought a new position in shares of iShares ESG MSCI USA Leaders ETF in the fourth quarter worth approximately $33,000. Triumph Capital Management bought a new stake in shares of iShares ESG MSCI USA Leaders ETF during the 3rd quarter valued at $42,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares ESG MSCI USA Leaders ETF during the 4th quarter valued at $47,000. Hantz Financial Services Inc. purchased a new position in shares of iShares ESG MSCI USA Leaders ETF during the 4th quarter valued at $56,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of iShares ESG MSCI USA Leaders ETF during the 4th quarter valued at $80,000.

iShares ESG MSCI USA Leaders ETF Stock Performance

Shares of NASDAQ SUSL traded down $0.43 during trading on Wednesday, hitting $132.57. The company had a trading volume of 5,474 shares, compared to its average volume of 31,019. The stock has a 50 day simple moving average of $131.64 and a 200 day simple moving average of $124.53. iShares ESG MSCI USA Leaders ETF has a 12 month low of $109.18 and a 12 month high of $134.27. The firm has a market capitalization of $1.15 billion, a P/E ratio of 27.42 and a beta of 1.04.

iShares ESG MSCI USA Leaders ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2852 dividend. This represents a $1.14 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, June 15th.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.