Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Increases By 7,938.8%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,305,279 shares, an increase of 7,938.8% from the May 31st total of 28,677 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 1,844,849 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its stake in shares of iShares ESG Aware MSCI EM ETF by 26.3% in the third quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock worth $102,658,000 after purchasing an additional 493,011 shares in the last quarter. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the 1st quarter valued at approximately $12,881,000. DRW Securities LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the 4th quarter valued at approximately $8,495,000. Quent Long Short Global Small Cap Fund LP bought a new position in iShares ESG Aware MSCI EM ETF in the 4th quarter worth approximately $5,072,000. Finally, BNP Paribas Financial Markets boosted its holdings in iShares ESG Aware MSCI EM ETF by 29,494.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock worth $2,805,000 after buying an additional 71,376 shares during the period.

iShares ESG Aware MSCI EM ETF Price Performance

Shares of NASDAQ ESGE opened at $54.31 on Friday. The stock has a market capitalization of $7.08 billion, a PE ratio of 14.52 and a beta of 0.75. iShares ESG Aware MSCI EM ETF has a one year low of $38.92 and a one year high of $57.11. The business’s fifty day moving average price is $53.14 and its 200-day moving average price is $48.90.

iShares ESG Aware MSCI EM ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.4023 dividend. The ex-dividend date was Monday, June 15th.

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. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.