iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) Sees Large Growth in Short Interest

iShares ESG Aware U.S. Aggregate Bond ETF (NYSEARCA:EAGG) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 1,503,796 shares, an increase of 233.8% from the February 26th total of 450,457 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily volume of 455,888 shares, the days-to-cover ratio is currently 3.3 days.

Institutional Trading of iShares ESG Aware U.S. Aggregate Bond ETF

Several large investors have recently bought and sold shares of the business. VSM Wealth Advisory LLC grew its position in iShares ESG Aware U.S. Aggregate Bond ETF by 917.6% in the fourth quarter. VSM Wealth Advisory LLC now owns 692 shares of the company’s stock valued at $33,000 after acquiring an additional 624 shares during the last quarter. Triumph Capital Management bought a new position in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the third quarter worth about $51,000. Arax Advisory Partners acquired a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $66,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares ESG Aware U.S. Aggregate Bond ETF during the 2nd quarter valued at approximately $88,000. Finally, Motco increased its position in iShares ESG Aware U.S. Aggregate Bond ETF by 12.7% during the 3rd quarter. Motco now owns 2,124 shares of the company’s stock worth $102,000 after purchasing an additional 239 shares in the last quarter.

iShares ESG Aware U.S. Aggregate Bond ETF Stock Down 0.6%

EAGG opened at $47.20 on Friday. iShares ESG Aware U.S. Aggregate Bond ETF has a twelve month low of $46.14 and a twelve month high of $48.60. The company has a 50-day simple moving average of $47.96 and a 200 day simple moving average of $48.03.

About iShares ESG Aware U.S. Aggregate Bond ETF

The iShares ESG U.S. Aggregate Bond ETF (EAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US dollar-denominated bonds from issuers evaluated for favorable ESG practices. EAGG was launched on Oct 18, 2018 and is managed by BlackRock.