Short Interest in iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Expands By 565.1%

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 152,300 shares, a growth of 565.1% from the May 15th total of 22,900 shares. Based on an average daily volume of 260,300 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares ESG Aware USD Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in SUSC. Morton Brown Family Wealth LLC increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 51.1% in the 4th quarter. Morton Brown Family Wealth LLC now owns 6,796 shares of the company’s stock worth $154,000 after acquiring an additional 2,299 shares during the period. Invera Wealth Advisors LLC grew its position in iShares ESG Aware USD Corporate Bond ETF by 4.3% in the 4th quarter. Invera Wealth Advisors LLC now owns 226,628 shares of the company’s stock worth $5,150,000 after purchasing an additional 9,245 shares during the last quarter. Fisher Asset Management LLC grew its position in iShares ESG Aware USD Corporate Bond ETF by 6.0% in the 4th quarter. Fisher Asset Management LLC now owns 885,516 shares of the company’s stock worth $20,119,000 after purchasing an additional 49,848 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 6.8% in the fourth quarter. Jones Financial Companies Lllp now owns 9,782 shares of the company’s stock valued at $222,000 after purchasing an additional 625 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 4.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 34,282 shares of the company’s stock valued at $779,000 after buying an additional 1,563 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Trading Up 0.3%

Shares of iShares ESG Aware USD Corporate Bond ETF stock opened at $22.91 on Thursday. iShares ESG Aware USD Corporate Bond ETF has a twelve month low of $22.15 and a twelve month high of $23.97. The business’s 50 day simple moving average is $22.72 and its 200-day simple moving average is $22.86.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.0835 dividend. This represents a $1.00 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend was Monday, June 2nd.

iShares ESG Aware USD Corporate Bond ETF Company Profile

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index.