iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) Sees Large Drop in Short Interest

iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 89,275 shares, a drop of 56.7% from the June 15th total of 206,383 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 193,355 shares, the days-to-cover ratio is currently 0.5 days.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Price Performance

iShares ESG Aware 1-5 Year USD Corporate Bond ETF stock traded down $0.01 during midday trading on Thursday, reaching $24.90. The stock had a trading volume of 61,257 shares, compared to its average volume of 241,442. The stock’s 50-day simple moving average is $24.94 and its 200 day simple moving average is $25.09. iShares ESG Aware 1-5 Year USD Corporate Bond ETF has a twelve month low of $24.81 and a twelve month high of $25.39.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0925 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Motco increased its position in shares of iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 9.4% during the fourth quarter. Motco now owns 5,319 shares of the company’s stock worth $134,000 after acquiring an additional 458 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 68.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,708 shares of the company’s stock valued at $43,000 after purchasing an additional 692 shares during the last quarter. Front Row Advisors LLC boosted its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 14.6% in the fourth quarter. Front Row Advisors LLC now owns 6,090 shares of the company’s stock valued at $154,000 after purchasing an additional 775 shares during the last quarter. Valeo Financial Advisors LLC grew its stake in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 2.4% during the 4th quarter. Valeo Financial Advisors LLC now owns 46,989 shares of the company’s stock valued at $1,186,000 after purchasing an additional 1,090 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in iShares ESG Aware 1-5 Year USD Corporate Bond ETF by 8.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 14,883 shares of the company’s stock worth $376,000 after purchasing an additional 1,200 shares during the last quarter.

About iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The iShares ESG 1-5 Year USD Corporate Bond ETF (SUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, short-term corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return of the Bloomberg US Corporate 1-5 years Index. SUSB was launched on Jul 11, 2017 and is managed by BlackRock.