Short Interest in iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Decreases By 89.4%

iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,104 shares, a drop of 89.4% from the July 15th total of 10,458 shares. Based on an average trading volume of 2,524 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares ESG Aware MSCI USA Growth ETF

A hedge fund recently bought a new stake in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors bought a new position in iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned approximately 0.24% of iShares ESG Aware MSCI USA Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares ESG Aware MSCI USA Growth ETF Trading Down 0.7%

EGUS opened at $58.85 on Wednesday. The firm has a market cap of $32.96 million, a price-to-earnings ratio of 36.55 and a beta of 1.19. iShares ESG Aware MSCI USA Growth ETF has a 12 month low of $45.91 and a 12 month high of $60.00. The stock has a fifty day moving average price of $57.75 and a 200-day moving average price of $54.16.

iShares ESG Aware MSCI USA Growth ETF Company Profile

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.