iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) Sees Significant Increase in Short Interest

iShares ESG Aware MSCI USA Value ETF (BATS:EVUS) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 80,639 shares, a growth of 243.0% from the September 30th total of 23,509 shares. Currently, 10.6% of the company’s shares are short sold. Based on an average daily volume of 38,848 shares, the short-interest ratio is currently 2.1 days.

iShares ESG Aware MSCI USA Value ETF Stock Down 0.1%

Shares of BATS:EVUS opened at $37.51 on Wednesday. The business’s 50 day moving average is $36.98 and its 200 day moving average is $34.91. The stock has a market cap of $28.51 million, a P/E ratio of 19.19 and a beta of 0.86. iShares ESG Aware MSCI USA Value ETF has a 52-week low of $30.56 and a 52-week high of $37.56.

Institutional Investors Weigh In On iShares ESG Aware MSCI USA Value ETF

Hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in shares of iShares ESG Aware MSCI USA Value ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,052,109 shares of the company’s stock worth $107,160,000 after buying an additional 18,051 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares ESG Aware MSCI USA Value ETF by 1.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 588,537 shares of the company’s stock valued at $20,664,000 after buying an additional 7,764 shares during the period. Park Avenue Securities LLC purchased a new position in shares of iShares ESG Aware MSCI USA Value ETF during the third quarter valued at $10,905,000. Archer Investment Management LLC increased its stake in shares of iShares ESG Aware MSCI USA Value ETF by 73.1% during the second quarter. Archer Investment Management LLC now owns 73,379 shares of the company’s stock valued at $2,576,000 after buying an additional 30,995 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of iShares ESG Aware MSCI USA Value ETF by 399.4% in the first quarter. Royal Bank of Canada now owns 68,429 shares of the company’s stock valued at $2,178,000 after acquiring an additional 54,728 shares in the last quarter.

About iShares ESG Aware MSCI USA Value ETF

The iShares ESG Aware MSCI USA Value ETF (EVUS) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund that tracks an index of US value stocks with certain environmental, social, and governance criteria. The fund aims to maximize its ESG exposure. EVUS was launched on Jan 31, 2023 and is managed by BlackRock.