Short Interest in iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Decreases By 37.6%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 8,937 shares, a drop of 37.6% from the July 15th total of 14,325 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 44,022 shares, the days-to-cover ratio is currently 0.2 days.

iShares MSCI USA ESG Select ETF Trading Down 0.6%

Shares of SUSA traded down $0.96 during midday trading on Tuesday, reaching $158.12. 22,715 shares of the stock were exchanged, compared to its average volume of 50,684. iShares MSCI USA ESG Select ETF has a 52 week low of $128.09 and a 52 week high of $160.35. The company’s 50 day moving average is $154.20 and its two-hundred day moving average is $146.27. The company has a market capitalization of $4.16 billion, a P/E ratio of -283.52 and a beta of 1.06.

Institutional Investors Weigh In On iShares MSCI USA ESG Select ETF

Hedge funds have recently modified their holdings of the business. Blue Edge Capital LLC bought a new position in shares of iShares MSCI USA ESG Select ETF during the second quarter valued at approximately $1,559,000. Compass Financial Management LLC bought a new stake in iShares MSCI USA ESG Select ETF during the 2nd quarter valued at $155,000. Everpar Advisors LLC purchased a new position in shares of iShares MSCI USA ESG Select ETF in the 2nd quarter valued at $211,000. Ryan Investment Management Inc. increased its holdings in shares of iShares MSCI USA ESG Select ETF by 161.4% in the 2nd quarter. Ryan Investment Management Inc. now owns 12,961 shares of the company’s stock valued at $2,000,000 after acquiring an additional 8,002 shares during the period. Finally, Pathway Financial Advisors LLC raised its position in shares of iShares MSCI USA ESG Select ETF by 5.9% in the 2nd quarter. Pathway Financial Advisors LLC now owns 1,869 shares of the company’s stock worth $288,000 after acquiring an additional 104 shares in the last quarter.

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.