iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Short Interest Update

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 8,937 shares, a drop of 37.6% from the July 15th total of 14,325 shares. Based on an average daily volume of 44,022 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

iShares MSCI USA ESG Select ETF Price Performance

Shares of iShares MSCI USA ESG Select ETF stock opened at $158.35 on Thursday. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of -283.94 and a beta of 1.06. iShares MSCI USA ESG Select ETF has a 52-week low of $128.09 and a 52-week high of $160.35. The stock has a 50-day simple moving average of $154.53 and a 200-day simple moving average of $146.50.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Blue Edge Capital LLC bought a new stake in iShares MSCI USA ESG Select ETF in the second quarter worth approximately $1,559,000. Compass Financial Management LLC bought a new position in shares of iShares MSCI USA ESG Select ETF during the 2nd quarter valued at $155,000. Everpar Advisors LLC bought a new position in shares of iShares MSCI USA ESG Select ETF during the 2nd quarter valued at $211,000. Ryan Investment Management Inc. lifted its stake in shares of iShares MSCI USA ESG Select ETF by 161.4% in the 2nd quarter. Ryan Investment Management Inc. now owns 12,961 shares of the company’s stock valued at $2,000,000 after purchasing an additional 8,002 shares during the last quarter. Finally, Pathway Financial Advisors LLC lifted its stake in shares of iShares MSCI USA ESG Select ETF by 5.9% in the 2nd quarter. Pathway Financial Advisors LLC now owns 1,869 shares of the company’s stock valued at $288,000 after purchasing an additional 104 shares during the last quarter.

About iShares MSCI USA ESG Select ETF

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.