iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Up 125.4% in December

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 2,675 shares, a growth of 125.4% from the November 30th total of 1,187 shares. Based on an average daily trading volume, of 8,136 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,136 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Hollencrest Capital Management bought a new position in iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 972 shares of the company’s stock, valued at approximately $65,000.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

NASDAQ PABU traded down $0.01 on Friday, reaching $73.73. The company’s stock had a trading volume of 46,184 shares, compared to its average volume of 83,574. iShares Paris-Aligned Climate MSCI USA ETF has a twelve month low of $52.49 and a twelve month high of $74.72. The firm’s 50 day moving average is $72.86 and its two-hundred day moving average is $70.30. The stock has a market cap of $2.29 billion, a PE ratio of 32.18 and a beta of 1.05.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.249 per share. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.