iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) Sees Large Increase in Short Interest

iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,084,256 shares, an increase of 76.5% from the July 30th total of 614,226 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 214,763 shares, the days-to-cover ratio is currently 5.0 days.

iShares ESG Aware MSCI EAFE ETF Stock Performance

Shares of NASDAQ ESGD traded down $0.49 during midday trading on Tuesday, hitting $105.94. The company’s stock had a trading volume of 98,436 shares, compared to its average volume of 324,128. iShares ESG Aware MSCI EAFE ETF has a 1-year low of $89.42 and a 1-year high of $108.00. The firm’s fifty day moving average price is $104.55 and its 200-day moving average price is $101.95. The firm has a market cap of $12.11 billion, a P/E ratio of 16.73 and a beta of 0.79.

iShares ESG Aware MSCI EAFE ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.6286 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Hedge Funds Weigh In On iShares ESG Aware MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new stake in shares of iShares ESG Aware MSCI EAFE ETF during the 4th quarter worth approximately $132,883,000. EP Wealth Advisors LLC acquired a new position in iShares ESG Aware MSCI EAFE ETF during the 4th quarter valued at approximately $59,041,000. JPMorgan Chase & Co. boosted its position in iShares ESG Aware MSCI EAFE ETF by 3.0% during the 4th quarter. JPMorgan Chase & Co. now owns 8,086,938 shares of the company’s stock valued at $768,987,000 after purchasing an additional 237,327 shares during the period. FinArc Investments Inc. bought a new position in iShares ESG Aware MSCI EAFE ETF during the 1st quarter worth $18,027,000. Finally, Global Retirement Partners LLC grew its stake in iShares ESG Aware MSCI EAFE ETF by 4,573.4% during the 4th quarter. Global Retirement Partners LLC now owns 147,726 shares of the company’s stock worth $14,047,000 after buying an additional 144,565 shares during the last quarter.

About iShares ESG Aware MSCI EAFE ETF

The iShares ESG Aware MSCI EAFE ETF (ESGD) is an exchange-traded fund that is based on the MSCI EAFE Extended ESG Focus index. The fund tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics. ESGD was launched on Jun 28, 2016 and is managed by BlackRock.