iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Stock Short Interest Falls 93.0%

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,808 shares, a drop of 93.0% from the September 30th total of 25,994 shares. Based on an average daily volume of 9,276 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

Shares of NASDAQ:PABU traded up $0.62 on Monday, reaching $79.21. The company’s stock had a trading volume of 95 shares, compared to its average volume of 42,392. iShares Paris-Aligned Climate MSCI USA ETF has a 52-week low of $63.89 and a 52-week high of $80.79. The company has a market cap of $2.48 billion, a P/E ratio of 32.18 and a beta of 1.07. The company has a 50-day simple moving average of $78.75 and a 200 day simple moving average of $74.50.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.1923 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.77 annualized dividend and a dividend yield of 1.0%. This is a positive change from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.1606.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.