iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) Short Interest Up 671.3% in July

iShares MSCI Global Sustainable Development Goals ETF (NASDAQ:SDG) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 9,094 shares, an increase of 671.3% from the June 30th total of 1,179 shares. Based on an average trading volume of 3,377 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.5% of the company’s stock are sold short.

iShares MSCI Global Sustainable Development Goals ETF Price Performance

SDG traded up $0.80 on Friday, reaching $88.21. The company’s stock had a trading volume of 977 shares, compared to its average volume of 4,576. iShares MSCI Global Sustainable Development Goals ETF has a 1 year low of $77.90 and a 1 year high of $93.14. The business’s 50 day moving average is $89.54 and its 200 day moving average is $87.31. The stock has a market cap of $167.60 million, a price-to-earnings ratio of 18.86 and a beta of 0.64.

iShares MSCI Global Sustainable Development Goals ETF Announces Dividend

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

About iShares MSCI Global Sustainable Development Goals ETF

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.