iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Significant Decrease in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 42,435 shares, a decline of 57.5% from the April 30th total of 99,893 shares. Based on an average daily volume of 53,349 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in USXF. Royal Bank of Canada increased its position in iShares ESG Advanced MSCI USA ETF by 5.0% in the 1st quarter. Royal Bank of Canada now owns 137,466 shares of the company’s stock worth $6,415,000 after buying an additional 6,508 shares during the period. Jane Street Group LLC bought a new position in iShares ESG Advanced MSCI USA ETF in the 1st quarter worth approximately $452,000. First Trust Advisors LP increased its position in shares of iShares ESG Advanced MSCI USA ETF by 14.0% during the second quarter. First Trust Advisors LP now owns 5,216 shares of the company’s stock valued at $281,000 after purchasing an additional 642 shares during the period. Qube Research & Technologies Ltd bought a new stake in shares of iShares ESG Advanced MSCI USA ETF during the second quarter valued at approximately $105,000. Finally, Sei Investments Co. increased its position in shares of iShares ESG Advanced MSCI USA ETF by 15.0% during the second quarter. Sei Investments Co. now owns 715,184 shares of the company’s stock valued at $38,570,000 after purchasing an additional 93,098 shares during the period.

iShares ESG Advanced MSCI USA ETF Stock Up 0.5%

NASDAQ USXF traded up $0.33 during trading on Friday, hitting $67.81. The company’s stock had a trading volume of 135,836 shares, compared to its average volume of 77,770. The firm has a 50 day moving average price of $61.55 and a 200 day moving average price of $59.19. The firm has a market cap of $1.43 billion, a P/E ratio of 28.41 and a beta of 1.08. iShares ESG Advanced MSCI USA ETF has a 52 week low of $50.28 and a 52 week high of $68.29.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $0.1244 dividend. This represents a $0.50 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.