iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) Stock Short Interest Declines 48.1%

iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 7,882 shares, a decline of 48.1% from the September 15th total of 15,197 shares. Based on an average daily volume of 36,750 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

iShares MSCI USA ESG Select ETF Stock Up 0.6%

SUSA traded up $0.93 during midday trading on Thursday, reaching $157.55. The company had a trading volume of 32,999 shares, compared to its average volume of 48,058. The business has a 50-day moving average of $157.49 and a two-hundred day moving average of $152.10. The company has a market cap of $4.10 billion, a P/E ratio of -282.50 and a beta of 1.06. iShares MSCI USA ESG Select ETF has a 1 year low of $128.09 and a 1 year high of $160.35.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Financial Life Planners purchased a new position in shares of iShares MSCI USA ESG Select ETF in the first quarter worth $25,000. Valley Wealth Managers Inc. purchased a new position in iShares MSCI USA ESG Select ETF during the third quarter valued at $54,000. Evelyn Partners Investment Management Europe Ltd grew its stake in iShares MSCI USA ESG Select ETF by 613.3% during the first quarter. Evelyn Partners Investment Management Europe Ltd now owns 428 shares of the company’s stock valued at $57,000 after acquiring an additional 368 shares in the last quarter. Parallel Advisors LLC grew its stake in iShares MSCI USA ESG Select ETF by 17.9% during the first quarter. Parallel Advisors LLC now owns 500 shares of the company’s stock valued at $66,000 after acquiring an additional 76 shares in the last quarter. Finally, JDM Financial Group LLC bought a new stake in iShares MSCI USA ESG Select ETF in the 1st quarter valued at $92,000.

iShares MSCI USA ESG Select ETF Company Profile

The iShares MSCI USA ESG Select ETF (SUSA) is an exchange-traded fund that is based on the MSCI USA Extended ESG Select index. The fund tracks an index of US companies with high environmental, social and governance (ESG) factor scores as calculated by MSCI. SUSA was launched on Jan 24, 2005 and is managed by BlackRock.