iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Significant Growth in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 134,304 shares, a growth of 329.1% from the October 15th total of 31,296 shares. Based on an average daily trading volume, of 195,968 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Fisher Asset Management LLC bought a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 3rd quarter worth about $7,607,000. Harbour Investments Inc. bought a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the 3rd quarter valued at about $3,705,000. Root Financial Partners LLC acquired a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter worth approximately $3,000,000. Payden & Rygel acquired a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter worth approximately $2,164,000. Finally, Canandaigua National Bank & Trust Co. acquired a new stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF during the third quarter worth approximately $2,049,000.

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

SUSB stock opened at $24.50 on Thursday. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 12-month low of $24.30 and a 12-month high of $25.39. The company’s fifty day simple moving average is $24.52 and its 200 day simple moving average is $24.89.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.0972 per share. This represents a $1.17 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, November 2nd. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous monthly dividend of $0.0960.

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.