iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Sees Significant Drop in Short Interest

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 92,106 shares, a decrease of 24.6% from the December 15th total of 122,095 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 73,891 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 73,891 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the shares of the stock are short sold.

iShares MSCI USA ESG Select ETF Stock Performance

Shares of NYSEARCA:SUSA traded down $0.10 during midday trading on Monday, hitting $141.76. The company’s stock had a trading volume of 52,877 shares, compared to its average volume of 90,580. The company has a market cap of $3.78 billion, a P/E ratio of -254.19 and a beta of 1.05. iShares MSCI USA ESG Select ETF has a 12-month low of $99.48 and a 12-month high of $142.64. The business’s 50 day simple moving average is $139.51 and its 200 day simple moving average is $135.05.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SUSA. AGF Management Ltd. lifted its stake in iShares MSCI USA ESG Select ETF by 14.0% during the second quarter. AGF Management Ltd. now owns 4,900 shares of the company’s stock worth $621,000 after purchasing an additional 600 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares MSCI USA ESG Select ETF by 8.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 52,934 shares of the company’s stock worth $6,709,000 after buying an additional 4,205 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares MSCI USA ESG Select ETF by 8.6% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 16,369 shares of the company’s stock valued at $2,075,000 after buying an additional 1,300 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in shares of iShares MSCI USA ESG Select ETF in the 2nd quarter valued at $49,000. Finally, NorthRock Partners LLC lifted its position in iShares MSCI USA ESG Select ETF by 1.4% in the second quarter. NorthRock Partners LLC now owns 17,959 shares of the company’s stock valued at $2,276,000 after acquiring an additional 251 shares during the last quarter.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.