iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Increase in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 74,826 shares, a growth of 76.3% from the May 14th total of 42,435 shares. Based on an average daily volume of 86,542 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the shares of the stock are sold short.

iShares ESG Advanced MSCI USA ETF Price Performance

Shares of USXF stock traded up $1.67 during trading hours on Monday, hitting $69.18. The stock had a trading volume of 16,793 shares, compared to its average volume of 75,347. iShares ESG Advanced MSCI USA ETF has a one year low of $50.97 and a one year high of $69.83. The stock’s 50-day moving average price is $63.99 and its two-hundred day moving average price is $59.97. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 28.41 and a beta of 1.09.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in USXF. Orion Porfolio Solutions LLC lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 751.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 402,982 shares of the company’s stock valued at $22,910,000 after acquiring an additional 355,630 shares during the last quarter. Apella Capital LLC bought a new position in shares of iShares ESG Advanced MSCI USA ETF in the 1st quarter valued at about $12,653,000. Sei Investments Co. lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 15.0% in the 2nd quarter. Sei Investments Co. now owns 715,184 shares of the company’s stock valued at $38,570,000 after acquiring an additional 93,098 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 318.0% in the 3rd quarter. Raymond James Financial Inc. now owns 104,620 shares of the company’s stock valued at $5,996,000 after acquiring an additional 79,592 shares during the last quarter. Finally, Avise Financial Cooperative Inc. bought a new position in shares of iShares ESG Advanced MSCI USA ETF in the 4th quarter valued at about $3,775,000.

About iShares ESG Advanced MSCI USA ETF

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.