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 July. As of July 31st, there was short interest totaling 841,138 shares, an increase of 191.0% from the July 15th total of 289,075 shares. Based on an average daily trading volume, of 292,163 shares, the days-to-cover ratio is currently 2.9 days. Currently, 0.8% of the shares of the stock are short sold.

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

A number of institutional investors and hedge funds have recently bought and sold shares of EAGG. Motco grew its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 11.2% during the fourth quarter. Motco now owns 2,362 shares of the company’s stock valued at $113,000 after buying an additional 238 shares during the last quarter. Manning & Napier Advisors LLC lifted its stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF by 9.6% during the 4th quarter. Manning & Napier Advisors LLC now owns 4,223 shares of the company’s stock worth $202,000 after acquiring an additional 370 shares during the last quarter. Spinnaker Trust boosted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 2.1% during the 4th quarter. Spinnaker Trust now owns 17,870 shares of the company’s stock valued at $855,000 after acquiring an additional 370 shares during the period. Farmers National Bank boosted its holdings in iShares ESG Aware U.S. Aggregate Bond ETF by 6.5% during the 1st quarter. Farmers National Bank now owns 6,614 shares of the company’s stock valued at $314,000 after acquiring an additional 401 shares during the period. Finally, Valeo Financial Advisors LLC grew its position in iShares ESG Aware U.S. Aggregate Bond ETF by 2.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 24,727 shares of the company’s stock valued at $1,183,000 after acquiring an additional 564 shares during the last quarter.

iShares ESG Aware U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of iShares ESG Aware U.S. Aggregate Bond ETF stock traded up $0.14 on Thursday, hitting $46.78. 493,730 shares of the company traded hands, compared to its average volume of 394,170. iShares ESG Aware U.S. Aggregate Bond ETF has a 52 week low of $46.52 and a 52 week high of $48.60. The business has a 50-day simple moving average of $47.02 and a 200 day simple moving average of $47.45.

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.