iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Stock Short Interest Jumps 135.1%

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 99,460 shares, a growth of 135.1% from the August 31st total of 42,311 shares. Based on an average daily volume of 186,674 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the company. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 2nd quarter worth $2,009,000. Bank of New York Mellon Corp increased its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 670,797 shares of the company’s stock valued at $16,814,000 after buying an additional 51,627 shares during the last quarter. Cornerstone Financial Management LLC purchased a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 4th quarter worth about $352,000. Parallel Advisors LLC boosted its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 97.1% during the 1st quarter. Parallel Advisors LLC now owns 21,571 shares of the company’s stock worth $541,000 after acquiring an additional 10,627 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 11.0% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 94,598 shares of the company’s stock valued at $2,369,000 after acquiring an additional 9,402 shares during the last quarter.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Stock Performance

SUSB opened at $24.39 on Tuesday. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 52 week low of $24.38 and a 52 week high of $25.39. The business has a fifty day simple moving average of $24.74 and a 200-day simple moving average of $24.90.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a dividend of $0.0957 per share. This is a positive change from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0925. The ex-dividend date was Tuesday, September 1st. This represents a $1.15 dividend on an annualized basis and a yield of 4.7%.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Company Profile

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.