iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Large Increase in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 68,643 shares, an increase of 61.9% from the July 30th total of 42,395 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 211,768 shares, the short-interest ratio is currently 0.3 days.

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

A number of large investors have recently bought and sold shares of the company. Cornerstone Financial Management LLC grew its position in iShares ESG Aware USD Corporate Bond ETF by 10.9% in the second quarter. Cornerstone Financial Management LLC now owns 17,344 shares of the company’s stock valued at $402,000 after purchasing an additional 1,699 shares in the last quarter. Blue Edge Capital LLC bought a new stake in iShares ESG Aware USD Corporate Bond ETF during the second quarter worth about $360,000. First Bancorp Inc ME acquired a new position in iShares ESG Aware USD Corporate Bond ETF during the second quarter valued at approximately $55,000. McIlrath & Eck LLC grew its stake in iShares ESG Aware USD Corporate Bond ETF by 2.3% in the first quarter. McIlrath & Eck LLC now owns 28,483 shares of the company’s stock valued at $659,000 after purchasing an additional 643 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of iShares ESG Aware USD Corporate Bond ETF by 6.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 48,098 shares of the company’s stock worth $1,113,000 after purchasing an additional 2,768 shares during the last quarter.

iShares ESG Aware USD Corporate Bond ETF Trading Down 0.7%

iShares ESG Aware USD Corporate Bond ETF stock opened at $22.50 on Wednesday. iShares ESG Aware USD Corporate Bond ETF has a 52 week low of $22.49 and a 52 week high of $23.85. The business’s 50-day simple moving average is $22.82 and its 200-day simple moving average is $23.06.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.0887 per share. This is a boost from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

About iShares ESG Aware USD Corporate Bond ETF

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.