iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Stock Short Interest Drops 36.2%

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 13,680 shares, a drop of 36.2% from the August 31st total of 21,441 shares. Based on an average daily trading volume, of 63,856 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares ESG Advanced Total USD Bond Market ETF

An institutional investor recently raised its position in iShares ESG Advanced Total USD Bond Market ETF stock. Whitegate Investment Counselors Inc. boosted its position in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) by 16.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,018 shares of the company’s stock after buying an additional 839 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares ESG Advanced Total USD Bond Market ETF Stock Performance

Shares of EUSB opened at $41.57 on Thursday. The stock’s fifty day moving average price is $42.57 and its two-hundred day moving average price is $43.10. iShares ESG Advanced Total USD Bond Market ETF has a 1 year low of $41.50 and a 1 year high of $44.47.

About iShares ESG Advanced Total USD Bond Market ETF

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.