iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Short Interest Down 45.1% in January

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 97,493 shares, a drop of 45.1% from the January 15th total of 177,561 shares. Based on an average trading volume of 172,285 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 172,285 shares, the days-to-cover ratio is currently 0.6 days.

iShares ESG Aware USD Corporate Bond ETF Price Performance

iShares ESG Aware USD Corporate Bond ETF stock opened at $23.56 on Friday. The firm has a 50 day simple moving average of $23.43 and a 200-day simple moving average of $23.46. iShares ESG Aware USD Corporate Bond ETF has a 1-year low of $22.15 and a 1-year high of $23.85.

iShares ESG Aware USD Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.0847 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. lifted its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 112.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 23,384 shares of the company’s stock worth $543,000 after acquiring an additional 12,363 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares ESG Aware USD Corporate Bond ETF by 5.7% in the second quarter. JPMorgan Chase & Co. now owns 3,879,448 shares of the company’s stock valued at $90,120,000 after purchasing an additional 209,761 shares during the period. Fisher Asset Management LLC lifted its stake in iShares ESG Aware USD Corporate Bond ETF by 3.2% during the second quarter. Fisher Asset Management LLC now owns 1,018,357 shares of the company’s stock worth $23,656,000 after purchasing an additional 31,308 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares ESG Aware USD Corporate Bond ETF during the second quarter worth $86,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of iShares ESG Aware USD Corporate Bond ETF by 11.9% during the second quarter. EverSource Wealth Advisors LLC now owns 37,882 shares of the company’s stock worth $880,000 after buying an additional 4,031 shares during the period.

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.