iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Shares Shorted: Short Interest Up 159.2% in October

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 66,431 shares, an increase of 159.2% from the September 30th total of 25,626 shares. Based on an average daily volume of 47,556 shares, the short-interest ratio is currently 1.4 days. Currently, 0.5% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares ESG Advanced MSCI EAFE ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DMXF. PNC Financial Services Group Inc. purchased a new stake in iShares ESG Advanced MSCI EAFE ETF in the 1st quarter worth approximately $26,000. Highland Investment Advisors LLC bought a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the second quarter valued at about $38,000. Continuum Advisory LLC acquired a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the 2nd quarter valued at about $42,000. Western Wealth Management LLC acquired a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the 1st quarter valued at $55,000. Finally, Hanson & Doremus Investment Management acquired a new stake in iShares ESG Advanced MSCI EAFE ETF during the 3rd quarter valued at $66,000.

iShares ESG Advanced MSCI EAFE ETF Stock Performance

NASDAQ DMXF traded down $0.97 on Friday, reaching $83.73. The stock had a trading volume of 76,037 shares, compared to its average volume of 79,126. The business’s 50-day moving average price is $85.08 and its 200 day moving average price is $82.17. The stock has a market cap of $1.04 billion, a P/E ratio of 19.02 and a beta of 0.86. iShares ESG Advanced MSCI EAFE ETF has a 12-month low of $72.41 and a 12-month high of $88.06.

iShares ESG Advanced MSCI EAFE ETF Company Profile

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.