iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Down 41.0% in July

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 94,189 shares, a decrease of 41.0% from the June 30th total of 159,566 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 202,924 shares, the days-to-cover ratio is presently 0.5 days.

iShares ESG Aware USD Corporate Bond ETF Price Performance

Shares of NASDAQ:SUSC opened at $22.72 on Friday. The stock’s 50-day simple moving average is $23.00 and its two-hundred day simple moving average is $23.18. iShares ESG Aware USD Corporate Bond ETF has a 52-week low of $22.64 and a 52-week high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.088 per share. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its position in shares of iShares ESG Aware USD Corporate Bond ETF by 1.7% during the 2nd quarter. NewEdge Advisors LLC now owns 87,097 shares of the company’s stock valued at $2,023,000 after acquiring an additional 1,472 shares during the period. One Capital Management LLC bought a new position in iShares ESG Aware USD Corporate Bond ETF in the 3rd quarter worth $1,177,000. Flow Traders U.S. LLC lifted its position in iShares ESG Aware USD Corporate Bond ETF by 78.6% during the third quarter. Flow Traders U.S. LLC now owns 56,556 shares of the company’s stock valued at $1,332,000 after purchasing an additional 24,882 shares in the last quarter. United Capital Financial Advisors LLC lifted its position in iShares ESG Aware USD Corporate Bond ETF by 42.8% during the third quarter. United Capital Financial Advisors LLC now owns 203,000 shares of the company’s stock valued at $4,783,000 after purchasing an additional 60,806 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares ESG Aware USD Corporate Bond ETF during the fourth quarter valued at about $127,000.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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