Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Drops By 88.3%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 73,251 shares, a decrease of 88.3% from the December 15th total of 626,088 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 746,996 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 746,996 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares ESG Aware MSCI EM ETF Stock Down 0.7%

NASDAQ:ESGE traded down $0.34 on Tuesday, hitting $46.42. The stock had a trading volume of 1,430,899 shares, compared to its average volume of 803,063. The business’s 50-day simple moving average is $44.33 and its two-hundred day simple moving average is $42.57. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 14.52 and a beta of 0.66. iShares ESG Aware MSCI EM ETF has a 52-week low of $30.57 and a 52-week high of $46.76.

iShares ESG Aware MSCI EM ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.7318 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 342.0%.

Institutional Trading of iShares ESG Aware MSCI EM ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Portland Global Advisors LLC grew its position in shares of iShares ESG Aware MSCI EM ETF by 2.8% during the 2nd quarter. Portland Global Advisors LLC now owns 13,275 shares of the company’s stock valued at $520,000 after acquiring an additional 365 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in iShares ESG Aware MSCI EM ETF by 1.9% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 20,497 shares of the company’s stock valued at $803,000 after purchasing an additional 385 shares in the last quarter. Quent Capital LLC lifted its position in iShares ESG Aware MSCI EM ETF by 0.4% during the second quarter. Quent Capital LLC now owns 115,286 shares of the company’s stock valued at $4,516,000 after purchasing an additional 429 shares in the last quarter. Community Bank N.A. grew its holdings in iShares ESG Aware MSCI EM ETF by 6.3% during the third quarter. Community Bank N.A. now owns 7,601 shares of the company’s stock valued at $330,000 after purchasing an additional 452 shares during the period. Finally, Heritage Wealth Advisors increased its position in iShares ESG Aware MSCI EM ETF by 1.4% in the third quarter. Heritage Wealth Advisors now owns 40,023 shares of the company’s stock worth $1,738,000 after buying an additional 565 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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.