iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Short Interest Down 49.2% in July

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 50,644 shares, a drop of 49.2% from the July 15th total of 99,617 shares. Based on an average daily trading volume, of 68,914 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

iShares ESG Advanced MSCI USA ETF Trading Down 0.4%

Shares of iShares ESG Advanced MSCI USA ETF stock opened at $70.17 on Friday. iShares ESG Advanced MSCI USA ETF has a 52 week low of $53.05 and a 52 week high of $70.69. The stock has a market cap of $1.50 billion, a PE ratio of 28.41 and a beta of 1.09. The company’s 50-day moving average price is $67.73 and its two-hundred day moving average price is $63.05.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.1226 dividend. This represents a $0.49 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Investors Research Corp lifted its position in shares of iShares ESG Advanced MSCI USA ETF by 18.6% during the 2nd quarter. Investors Research Corp now owns 995 shares of the company’s stock valued at $69,000 after acquiring an additional 156 shares during the last quarter. CreativeOne Wealth LLC raised its position in shares of iShares ESG Advanced MSCI USA ETF by 1.9% during the fourth quarter. CreativeOne Wealth LLC now owns 10,197 shares of the company’s stock worth $587,000 after purchasing an additional 195 shares during the period. Penobscot Wealth Management raised its position in shares of iShares ESG Advanced MSCI USA ETF by 3.5% during the fourth quarter. Penobscot Wealth Management now owns 5,955 shares of the company’s stock worth $343,000 after purchasing an additional 202 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 2.3% during the fourth quarter. International Assets Investment Management LLC now owns 9,631 shares of the company’s stock valued at $555,000 after purchasing an additional 215 shares during the last quarter. Finally, Opes Wealth Management LLC boosted its position in shares of iShares ESG Advanced MSCI USA ETF by 0.6% in the 4th quarter. Opes Wealth Management LLC now owns 45,274 shares of the company’s stock valued at $2,607,000 after purchasing an additional 269 shares during the period.

iShares ESG Advanced MSCI USA ETF Company Profile

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.