Short Interest in iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Declines By 56.7%

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 89,275 shares, a drop of 56.7% from the June 15th total of 206,383 shares. Based on an average trading volume of 193,355 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

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

Shares of NASDAQ:SUSB traded up $0.06 during trading on Tuesday, reaching $24.87. 22,713 shares of the company traded hands, compared to its average volume of 243,011. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 52-week low of $24.81 and a 52-week high of $25.39. The business’s fifty day moving average is $24.94 and its 200-day moving average is $25.09.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.0925 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. ST Germain D J Co. Inc. grew its stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 12.3% in the fourth quarter. ST Germain D J Co. Inc. now owns 437,666 shares of the company’s stock worth $11,047,000 after purchasing an additional 47,877 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 15.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 429,464 shares of the company’s stock valued at $10,870,000 after purchasing an additional 57,108 shares during the last quarter. Exchange Bank raised its position in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 7.1% during the 4th quarter. Exchange Bank now owns 22,671 shares of the company’s stock valued at $572,000 after purchasing an additional 1,505 shares during the last quarter. Motco lifted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 9.4% in the 4th quarter. Motco now owns 5,319 shares of the company’s stock worth $134,000 after buying an additional 458 shares during the period. Finally, VSM Wealth Advisory LLC lifted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 53.3% in the 4th quarter. VSM Wealth Advisory LLC now owns 6,982 shares of the company’s stock worth $176,000 after buying an additional 2,429 shares during the period.

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.