Short Interest in iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Declines By 32.5%

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 69,700 shares, a decline of 32.5% from the February 13th total of 103,300 shares. Based on an average daily trading volume, of 198,200 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

Shares of NASDAQ SUSB traded down $0.01 during midday trading on Friday, reaching $24.85. The company’s stock had a trading volume of 273,572 shares, compared to its average volume of 227,040. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a 12-month low of $24.17 and a 12-month high of $25.20. The firm has a 50 day moving average price of $24.80 and a 200-day moving average price of $24.87.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.0928 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares ESG Aware 1-5 Year USD Corporate Bond ETF’s previous dividend of $0.09.

Hedge Funds Weigh In On iShares ESG Aware 1-5 Year USD Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Ameriflex Group Inc. purchased a new position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 4th quarter worth approximately $35,000. Creative Financial Designs Inc. ADV raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 904.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,717 shares of the company’s stock worth $42,000 after purchasing an additional 1,546 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 167.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,761 shares of the company’s stock worth $44,000 after purchasing an additional 1,102 shares during the period. Motco raised its holdings in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 115.5% in the 4th quarter. Motco now owns 1,862 shares of the company’s stock worth $46,000 after purchasing an additional 998 shares during the period. Finally, First Horizon Advisors Inc. bought a new stake in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF in the 3rd quarter worth approximately $54,000.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index.