iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Increase in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 44,500 shares, an increase of 164.9% from the September 30th total of 16,800 shares. Based on an average trading volume of 155,400 shares, the days-to-cover ratio is presently 0.3 days.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.1 %

Shares of SUSC traded down $0.02 during trading hours on Monday, hitting $23.14. 102,616 shares of the stock were exchanged, compared to its average volume of 247,490. The stock’s 50-day moving average price is $23.59 and its two-hundred day moving average price is $23.07. iShares ESG Aware USD Corporate Bond ETF has a 12-month low of $21.22 and a 12-month high of $23.97.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.0828 per share. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC lifted its stake in iShares ESG Aware USD Corporate Bond ETF by 41.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 105,057 shares of the company’s stock worth $2,415,000 after purchasing an additional 30,802 shares in the last quarter. Rockport Wealth LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 1st quarter worth $233,000. Payden & Rygel Investment Group purchased a new stake in shares of iShares ESG Aware USD Corporate Bond ETF in the first quarter valued at about $706,000. Comerica Bank increased its position in iShares ESG Aware USD Corporate Bond ETF by 31.1% during the first quarter. Comerica Bank now owns 10,410 shares of the company’s stock worth $239,000 after purchasing an additional 2,467 shares during the last quarter. Finally, Transcend Capital Advisors LLC boosted its holdings in iShares ESG Aware USD Corporate Bond ETF by 4.3% in the 2nd quarter. Transcend Capital Advisors LLC now owns 13,634 shares of the company’s stock valued at $310,000 after purchasing an additional 556 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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