iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) Sees Large Increase in Short Interest

iShares ESG MSCI USA Leaders ETF (NASDAQ:SUSL) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 37,869 shares, a growth of 289.1% from the September 30th total of 9,732 shares. Based on an average daily volume of 12,833 shares, the short-interest ratio is currently 3.0 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada raised its holdings in iShares ESG MSCI USA Leaders ETF by 0.4% during the first quarter. Royal Bank of Canada now owns 376,738 shares of the company’s stock worth $42,798,000 after purchasing an additional 1,425 shares in the last quarter. Allworth Financial LP raised its holdings in shares of iShares ESG MSCI USA Leaders ETF by 1.4% during the second quarter. Allworth Financial LP now owns 193,400 shares of the company’s stock valued at $25,676,000 after acquiring an additional 2,593 shares during the period. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of iShares ESG MSCI USA Leaders ETF in the 3rd quarter valued at approximately $11,737,000. Trilogy Capital Inc. boosted its stake in iShares ESG MSCI USA Leaders ETF by 3.6% in the 2nd quarter. Trilogy Capital Inc. now owns 80,901 shares of the company’s stock worth $10,740,000 after purchasing an additional 2,828 shares during the period. Finally, Sanctuary Advisors LLC boosted its position in shares of iShares ESG MSCI USA Leaders ETF by 0.8% in the first quarter. Sanctuary Advisors LLC now owns 79,626 shares of the company’s stock worth $9,046,000 after buying an additional 635 shares during the period.

iShares ESG MSCI USA Leaders ETF Price Performance

NASDAQ:SUSL traded down $0.01 during trading hours on Wednesday, reaching $137.32. 14,844 shares of the company traded hands, compared to its average volume of 27,346. The stock has a market cap of $1.23 billion, a P/E ratio of 27.42 and a beta of 1.04. iShares ESG MSCI USA Leaders ETF has a 1-year low of $109.85 and a 1-year high of $140.02. The firm’s 50-day moving average is $136.96 and its 200-day moving average is $128.84.

iShares ESG MSCI USA Leaders ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $0.3259 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from iShares ESG MSCI USA Leaders ETF’s previous quarterly dividend of $0.2852.

iShares ESG MSCI USA Leaders ETF Company Profile

The iShares ESG MSCI USA Leaders ETF (SUSL) is an exchange-traded fund that is based on the MSCI USA Extended ESG Leaders index. The fund tracks an index of US large- and mid-cap firms with the highest ESG ratings, weighted by market-cap within each sector buckets. SUSL was launched on May 7, 2019 and is managed by BlackRock.