iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Up 294.3% in December

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 337,100 shares, a growth of 294.3% from the November 30th total of 85,500 shares. Based on an average daily volume of 680,400 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ESGE. TIAA Trust National Association boosted its stake in iShares ESG Aware MSCI EM ETF by 13.1% during the second quarter. TIAA Trust National Association now owns 5,754,518 shares of the company’s stock valued at $192,557,000 after buying an additional 666,543 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,961,054 shares of the company’s stock worth $71,402,000 after purchasing an additional 83,263 shares during the last quarter. Private Ocean LLC raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 204.5% in the 2nd quarter. Private Ocean LLC now owns 475,784 shares of the company’s stock worth $15,953,000 after purchasing an additional 319,528 shares in the last quarter. Money Design Co. Ltd. lifted its stake in iShares ESG Aware MSCI EM ETF by 1.6% during the third quarter. Money Design Co. Ltd. now owns 461,900 shares of the company’s stock valued at $16,818,000 after purchasing an additional 7,257 shares during the last quarter. Finally, Eastern Bank bought a new stake in iShares ESG Aware MSCI EM ETF during the third quarter worth approximately $5,848,000.

iShares ESG Aware MSCI EM ETF Price Performance

Shares of NASDAQ ESGE traded down $0.12 during midday trading on Friday, hitting $33.82. 421,470 shares of the company’s stock were exchanged, compared to its average volume of 723,096. iShares ESG Aware MSCI EM ETF has a twelve month low of $29.78 and a twelve month high of $37.72. The firm has a market cap of $4.30 billion, a P/E ratio of 12.20 and a beta of 0.75. The stock’s 50 day moving average price is $34.91 and its 200-day moving average price is $34.59.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.5314 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares ESG Aware MSCI EM ETF

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market.