iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Growth in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 81,261 shares, a growth of 63.1% from the November 30th total of 49,827 shares. Based on an average daily trading volume, of 170,131 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 170,131 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 12.7% in the third quarter. JPMorgan Chase & Co. now owns 4,372,660 shares of the company’s stock worth $103,020,000 after buying an additional 493,212 shares during the last quarter. NewEdge Advisors LLC boosted its stake in iShares ESG Aware USD Corporate Bond ETF by 7.8% during the 3rd quarter. NewEdge Advisors LLC now owns 93,860 shares of the company’s stock valued at $2,211,000 after acquiring an additional 6,763 shares during the last quarter. United Capital Financial Advisors LLC grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 42.8% during the 3rd quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock worth $4,783,000 after acquiring an additional 60,806 shares in the last quarter. Flow Traders U.S. LLC grew its holdings in iShares ESG Aware USD Corporate Bond ETF by 78.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 56,556 shares of the company’s stock worth $1,332,000 after acquiring an additional 24,882 shares in the last quarter. Finally, One Capital Management LLC bought a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the 3rd quarter worth about $1,177,000.

iShares ESG Aware USD Corporate Bond ETF Stock Performance

Shares of iShares ESG Aware USD Corporate Bond ETF stock opened at $23.44 on Friday. The business has a 50-day moving average of $23.51 and a 200-day moving average of $23.37. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $22.15 and a 1-year high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.0887 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.5%. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09.

iShares ESG Aware USD Corporate Bond ETF Company Profile

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.