Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Declines By 38.9%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 1,160,000 shares, a decrease of 38.9% from the January 31st total of 1,900,000 shares. Based on an average daily volume of 763,800 shares, the short-interest ratio is currently 1.5 days.

iShares ESG Aware MSCI EM ETF Trading Down 1.6 %

iShares ESG Aware MSCI EM ETF stock traded down $0.56 during mid-day trading on Friday, hitting $34.69. 709,875 shares of the company’s stock were exchanged, compared to its average volume of 717,112. iShares ESG Aware MSCI EM ETF has a 1-year low of $31.01 and a 1-year high of $37.72. The stock has a 50 day moving average of $34.40 and a two-hundred day moving average of $34.85. The stock has a market cap of $4.43 billion, a P/E ratio of 12.20 and a beta of 0.75.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 30th were paid a $0.0222 dividend. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Golden State Wealth Management LLC bought a new position in iShares ESG Aware MSCI EM ETF during the fourth quarter worth about $36,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of iShares ESG Aware MSCI EM ETF by 51.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,148 shares of the company’s stock valued at $38,000 after buying an additional 390 shares during the period. Coppell Advisory Solutions LLC raised its holdings in iShares ESG Aware MSCI EM ETF by 42.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,388 shares of the company’s stock worth $47,000 after purchasing an additional 414 shares during the last quarter. Trust Co. of Vermont raised its stake in shares of iShares ESG Aware MSCI EM ETF by 61.8% during the fourth quarter. Trust Co. of Vermont now owns 1,560 shares of the company’s stock worth $52,000 after buying an additional 596 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of iShares ESG Aware MSCI EM ETF in the 3rd quarter valued at $66,000.

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.