iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Up 2,324.8% in March

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 346,363 shares, a growth of 2,324.8% from the February 26th total of 14,284 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 309,119 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 309,119 shares, the short-interest ratio is presently 1.1 days. Approximately 0.6% of the shares of the stock are sold short.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.2%

Shares of SUSC stock traded down $0.05 during mid-day trading on Tuesday, reaching $23.00. The stock had a trading volume of 222,187 shares, compared to its average volume of 271,752. iShares ESG Aware USD Corporate Bond ETF has a 12-month low of $22.15 and a 12-month high of $23.85. The business has a 50-day simple moving average of $23.42 and a 200 day simple moving average of $23.49.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0863 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On iShares ESG Aware USD Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Centennial Bank AR lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 166.7% in the third quarter. Centennial Bank AR now owns 1,600 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares in the last quarter. Millstone Evans Group LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 4th quarter worth approximately $75,000. Ameriflex Group Inc. increased its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 33.5% during the 3rd quarter. Ameriflex Group Inc. now owns 3,514 shares of the company’s stock worth $83,000 after purchasing an additional 882 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the 2nd quarter worth approximately $86,000. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares ESG Aware USD Corporate Bond ETF by 13.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,925 shares of the company’s stock worth $92,000 after purchasing an additional 465 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Company Profile

The iShares ESG USD Corporate Bond ETF (SUSC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade, corporate debt, selected based on positive ESG characteristics. Holdings are optimally weighted to provide a similar risk and return characteristics of the Bloomberg US Corporate Index. SUSC was launched on Jul 11, 2017 and is managed by BlackRock.