iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Large Decline in Short Interest

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 16,600 shares, a decrease of 30.8% from the February 28th total of 24,000 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 147,300 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

A hedge fund recently bought a new stake in iShares Paris-Aligned Climate MSCI USA ETF stock. Warner Financial Inc. purchased a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,474 shares of the company’s stock, valued at approximately $226,000.

iShares Paris-Aligned Climate MSCI USA ETF Trading Down 0.0 %

iShares Paris-Aligned Climate MSCI USA ETF stock traded down $0.01 during mid-day trading on Tuesday, reaching $59.91. The company’s stock had a trading volume of 2,750 shares, compared to its average volume of 85,178. iShares Paris-Aligned Climate MSCI USA ETF has a twelve month low of $53.17 and a twelve month high of $67.63. The business has a 50 day moving average price of $63.78 and a 200-day moving average price of $64.40. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 29.73 and a beta of -1.11.

iShares Paris-Aligned Climate MSCI USA ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a dividend of $0.111 per share. The ex-dividend date was Tuesday, March 18th.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.