iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Sees Significant Decline in Short Interest

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

iShares ESG Aware MSCI EM ETF Stock Performance

Shares of ESGE stock traded up $0.27 during midday trading on Tuesday, reaching $34.66. 594,667 shares of the company were exchanged, compared to its average volume of 665,389. iShares ESG Aware MSCI EM ETF has a 12 month low of $31.01 and a 12 month high of $37.72. The company has a market cap of $4.52 billion, a P/E ratio of 14.49 and a beta of 0.73. The company’s 50 day moving average price is $34.40 and its two-hundred day moving average price is $34.86.

iShares ESG Aware MSCI EM ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were given a dividend of $0.0222 per share. The ex-dividend date was Monday, December 30th.

Institutional Trading of iShares ESG Aware MSCI EM ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Haverford Trust Co raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 1.0% in the 3rd quarter. Haverford Trust Co now owns 32,829 shares of the company’s stock worth $1,195,000 after purchasing an additional 325 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 3.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 9,557 shares of the company’s stock worth $348,000 after purchasing an additional 337 shares in the last quarter. Bear Mountain Capital Inc. raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 0.7% in the 4th quarter. Bear Mountain Capital Inc. now owns 49,316 shares of the company’s stock worth $1,687,000 after purchasing an additional 358 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings 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 worth $38,000 after purchasing an additional 390 shares in the last quarter. Finally, Coppell Advisory Solutions LLC raised its holdings in shares of iShares ESG Aware MSCI EM ETF by 42.5% in 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 in the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

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.