iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Stock Short Interest Drops 73.7%

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL – Get Free Report) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 257 shares, a decrease of 73.7% from the October 15th total of 977 shares. Based on an average daily trading volume, of 547 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

Shares of USCL opened at $85.38 on Friday. iShares Climate Conscious & Transition MSCI USA ETF has a one year low of $72.13 and a one year high of $88.50. The company has a 50-day moving average of $86.44 and a two-hundred day moving average of $82.57. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.2006 per share. This is a decrease from iShares Climate Conscious & Transition MSCI USA ETF’s previous quarterly dividend of $0.2073. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 15th.

Institutional Investors Weigh In On iShares Climate Conscious & Transition MSCI USA ETF

An institutional investor recently raised its stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Ilmarinen Mutual Pension Insurance Co increased its position in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL – Free Report) by 9.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 33,043,638 shares of the company’s stock after purchasing an additional 2,780,515 shares during the period. iShares Climate Conscious & Transition MSCI USA ETF comprises about 18.3% of Ilmarinen Mutual Pension Insurance Co’s investment portfolio, making the stock its biggest holding. Ilmarinen Mutual Pension Insurance Co owned 105.07% of iShares Climate Conscious & Transition MSCI USA ETF worth $2,853,100,000 at the end of the most recent reporting period.

About iShares Climate Conscious & Transition MSCI USA ETF

(Get Free Report)

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI. USCL was launched on Jun 6, 2023 and is managed by BlackRock.

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