iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Large Drop in Short Interest

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 103,352 shares, a drop of 89.5% from the September 30th total of 982,587 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 410,746 shares, the days-to-cover ratio is presently 0.3 days.

iShares ESG Aware MSCI EAFE ETF Stock Performance

ESGD stock traded up $0.35 during midday trading on Monday, hitting $102.32. 273,628 shares of the company’s stock were exchanged, compared to its average volume of 334,778. iShares ESG Aware MSCI EAFE ETF has a one year low of $90.48 and a one year high of $108.00. The company has a market cap of $11.81 billion, a PE ratio of 16.73 and a beta of 0.80. The stock’s fifty day moving average price is $104.63 and its 200-day moving average price is $103.41.

Hedge Funds Weigh In On iShares ESG Aware MSCI EAFE ETF

Institutional investors have recently modified their holdings of the business. North Star Investment Management Corp. increased its stake in iShares ESG Aware MSCI EAFE ETF by 60.9% during the 1st quarter. North Star Investment Management Corp. now owns 581 shares of the company’s stock worth $56,000 after purchasing an additional 220 shares in the last quarter. Triumph Capital Management lifted its stake in iShares ESG Aware MSCI EAFE ETF by 103.7% in the third quarter. Triumph Capital Management now owns 609 shares of the company’s stock valued at $63,000 after buying an additional 310 shares in the last quarter. Harbor Asset Planning Inc. boosted its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 178.7% in the first quarter. Harbor Asset Planning Inc. now owns 666 shares of the company’s stock valued at $64,000 after buying an additional 427 shares during the period. Scarborough Advisors LLC raised its holdings in shares of iShares ESG Aware MSCI EAFE ETF by 109.6% during the first quarter. Scarborough Advisors LLC now owns 675 shares of the company’s stock worth $65,000 after acquiring an additional 353 shares during the period. Finally, Hollencrest Capital Management acquired a new stake in shares of iShares ESG Aware MSCI EAFE ETF during the first quarter worth $73,000.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.