iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) Sees Large Increase in Short Interest

iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 900 shares, an increase of 350.0% from the July 31st total of 200 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.4 days.

iShares ESG MSCI USA Min Vol Factor ETF Price Performance

iShares ESG MSCI USA Min Vol Factor ETF stock traded down $0.08 during trading hours on Wednesday, reaching $28.24. The stock had a trading volume of 100 shares, compared to its average volume of 5,719. The stock has a market cap of $12.71 million, a PE ratio of 26.85 and a beta of 0.80. The company has a fifty day simple moving average of $27.06 and a 200-day simple moving average of $26.42. iShares ESG MSCI USA Min Vol Factor ETF has a 52 week low of $22.14 and a 52 week high of $28.32.

iShares ESG MSCI USA Min Vol Factor ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.1007 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date was Tuesday, June 11th.

Institutional Investors Weigh In On iShares ESG MSCI USA Min Vol Factor ETF

A hedge fund recently raised its stake in iShares ESG MSCI USA Min Vol Factor ETF stock. Guardian Capital LP raised its holdings in shares of iShares ESG MSCI USA Min Vol Factor ETF (NASDAQ:ESMV) by 10.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,678 shares of the company’s stock after purchasing an additional 3,698 shares during the period. Guardian Capital LP owned 9.67% of iShares ESG MSCI USA Min Vol Factor ETF worth $968,000 as of its most recent SEC filing.

iShares ESG MSCI USA Min Vol Factor ETF Company Profile

The iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks that have low volatility and positive ESG characteristics. ESMV was launched on Nov 2, 2021 and is managed by BlackRock.