iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Short Interest Update

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 14,325 shares, a drop of 44.5% from the June 30th total of 25,803 shares. Based on an average daily volume of 32,257 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI USA ESG Select ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Life Planners purchased a new position in shares of iShares MSCI USA ESG Select ETF during the first quarter worth about $25,000. Armor Investment Advisors LLC bought a new position in shares of iShares MSCI USA ESG Select ETF in the fourth quarter worth approximately $36,000. Basepoint Wealth LLC purchased a new stake in iShares MSCI USA ESG Select ETF in the fourth quarter valued at approximately $53,000. Blue Trust Inc. bought a new stake in iShares MSCI USA ESG Select ETF during the fourth quarter valued at approximately $54,000. Finally, Evelyn Partners Investment Management Europe Ltd grew its stake in iShares MSCI USA ESG Select ETF by 613.3% in the 1st quarter. Evelyn Partners Investment Management Europe Ltd now owns 428 shares of the company’s stock worth $57,000 after buying an additional 368 shares in the last quarter.

iShares MSCI USA ESG Select ETF Price Performance

Shares of SUSA traded up $2.25 during midday trading on Thursday, hitting $152.86. 52,816 shares of the company traded hands, compared to its average volume of 51,808. The stock has a 50-day moving average of $152.98 and a 200-day moving average of $144.80. The firm has a market cap of $4.00 billion, a P/E ratio of -274.09 and a beta of 1.06. iShares MSCI USA ESG Select ETF has a one year low of $126.12 and a one year high of $155.87.

About iShares MSCI USA ESG Select ETF

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.