iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) Shares Shorted: Short Interest Down 36.2% in September

iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 13,680 shares, a drop of 36.2% from the August 31st total of 21,441 shares. Based on an average daily volume of 63,856 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares ESG Advanced Total USD Bond Market ETF

A hedge fund recently raised its stake in iShares ESG Advanced Total USD Bond Market ETF stock. Whitegate Investment Counselors Inc. boosted its position in iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB) by 16.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,018 shares of the company’s stock after buying an additional 839 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in iShares ESG Advanced Total USD Bond Market ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares ESG Advanced Total USD Bond Market ETF Stock Down 0.1%

Shares of EUSB stock opened at $41.46 on Friday. The business has a 50-day moving average price of $42.52 and a two-hundred day moving average price of $43.07. iShares ESG Advanced Total USD Bond Market ETF has a 12-month low of $41.30 and a 12-month high of $44.47.

About iShares ESG Advanced Total USD Bond Market ETF

The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad array of USD-denominated bonds, without restriction of credit quality or duration, from issuers with favorable ESG ratings as viewed by MSCI research and screened further to remove those issuers for involvement in controversial activities. EUSB was launched on Jun 23, 2020 and is managed by BlackRock.