Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Declines By 56.3%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 85,500 shares, a decrease of 56.3% from the November 15th total of 195,600 shares. Based on an average daily trading volume, of 583,600 shares, the short-interest ratio is currently 0.1 days.

iShares ESG Aware MSCI EM ETF Price Performance

Shares of NASDAQ ESGE opened at $35.11 on Friday. The company has a 50-day moving average price of $35.47 and a 200-day moving average price of $34.53. The stock has a market capitalization of $4.47 billion, a P/E ratio of 12.20 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a 1 year low of $29.78 and a 1 year high of $37.72.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Several large investors have recently added to or reduced their stakes in ESGE. ORG Partners LLC bought a new position in shares of iShares ESG Aware MSCI EM ETF in the second quarter valued at approximately $44,000. Continuum Advisory LLC boosted its holdings in iShares ESG Aware MSCI EM ETF by 8.7% during the 2nd quarter. Continuum Advisory LLC now owns 6,837 shares of the company’s stock worth $229,000 after acquiring an additional 545 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in iShares ESG Aware MSCI EM ETF by 19.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 9,220 shares of the company’s stock worth $309,000 after acquiring an additional 1,517 shares during the last quarter. Bear Mountain Capital Inc. grew its stake in shares of iShares ESG Aware MSCI EM ETF by 3.8% in the 2nd quarter. Bear Mountain Capital Inc. now owns 48,136 shares of the company’s stock worth $1,691,000 after acquiring an additional 1,775 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 3.7% in the second quarter. Bank of New York Mellon Corp now owns 75,385 shares of the company’s stock valued at $2,528,000 after purchasing an additional 2,673 shares during the last quarter.

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.