iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Up 136.6% in September

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 81,400 shares, a growth of 136.6% from the August 31st total of 34,400 shares. Based on an average daily trading volume, of 229,500 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 229,500 shares, the days-to-cover ratio is presently 0.4 days.

iShares ESG Aware USD Corporate Bond ETF Price Performance

Shares of SUSC stock opened at $23.56 on Monday. iShares ESG Aware USD Corporate Bond ETF has a one year low of $22.15 and a one year high of $23.75. The company’s 50-day moving average is $23.39 and its 200 day moving average is $23.05.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be issued a $0.0842 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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

Large investors have recently added to or reduced their stakes in the company. Gen Wealth Partners Inc purchased a new position in iShares ESG Aware USD Corporate Bond ETF during the first quarter valued at approximately $30,000. Twin Peaks Wealth Advisors LLC purchased a new position in iShares ESG Aware USD Corporate Bond ETF during the second quarter valued at approximately $86,000. Financial Gravity Asset Management Inc. purchased a new position in iShares ESG Aware USD Corporate Bond ETF during the first quarter valued at approximately $144,000. Whittier Trust Co. lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 68.0% during the first quarter. Whittier Trust Co. now owns 9,240 shares of the company’s stock valued at $213,000 after purchasing an additional 3,740 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in iShares ESG Aware USD Corporate Bond ETF by 7.9% during the first quarter. Golden State Wealth Management LLC now owns 19,192 shares of the company’s stock valued at $443,000 after purchasing an additional 1,410 shares in the last quarter.

iShares ESG Aware USD Corporate Bond ETF Company Profile

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.