iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Significant Increase in Short Interest

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCLGet Free Report) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 221,600 shares, an increase of 24,522.2% from the May 15th total of 900 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is presently 23.3 days.

iShares Climate Conscious & Transition MSCI USA ETF Stock Up 0.4%

USCL opened at $72.18 on Friday. iShares Climate Conscious & Transition MSCI USA ETF has a twelve month low of $58.98 and a twelve month high of $74.00. The company has a fifty day moving average of $67.43 and a 200-day moving average of $69.74. The stock has a market cap of $2.33 billion, a PE ratio of 24.62 and a beta of 1.00.

iShares Climate Conscious & Transition MSCI USA ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a dividend of $0.1969 per share. The ex-dividend date was Tuesday, March 18th.

Institutional Investors Weigh In On iShares Climate Conscious & Transition MSCI USA ETF

A hedge fund recently raised its stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp boosted its stake in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCLFree Report) by 3.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 171,629 shares of the company’s stock after purchasing an additional 5,833 shares during the quarter. Atlantic Union Bankshares Corp owned about 0.53% of iShares Climate Conscious & Transition MSCI USA ETF worth $11,533,000 as of its most recent SEC filing.

About iShares Climate Conscious & Transition MSCI USA ETF

(Get Free Report)

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.

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