iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Short Interest Up 51.8% in February

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 2,427,938 shares, a growth of 51.8% from the February 12th total of 1,599,105 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily volume of 1,078,385 shares, the days-to-cover ratio is currently 2.3 days. Based on an average daily volume of 1,078,385 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.9% of the shares of the company are short sold.

iShares ESG Aware MSCI EM ETF Stock Down 0.2%

ESGE stock opened at $45.41 on Monday. The stock has a market capitalization of $5.95 billion, a PE ratio of 14.52 and a beta of 0.66. iShares ESG Aware MSCI EM ETF has a 52 week low of $30.57 and a 52 week high of $50.99. The firm has a 50 day moving average of $47.77 and a 200 day moving average of $45.06.

Institutional Investors Weigh In On iShares ESG Aware MSCI EM ETF

Several institutional investors and hedge funds have recently made changes to their positions in ESGE. JPMorgan Chase & Co. grew its holdings in shares of iShares ESG Aware MSCI EM ETF by 26.3% during the third quarter. JPMorgan Chase & Co. now owns 2,364,311 shares of the company’s stock valued at $102,658,000 after buying an additional 493,011 shares during the last quarter. Flow Traders U.S. LLC lifted its position in iShares ESG Aware MSCI EM ETF by 188.5% during the 2nd quarter. Flow Traders U.S. LLC now owns 327,848 shares of the company’s stock worth $12,842,000 after acquiring an additional 214,210 shares during the period. DRW Securities LLC acquired a new stake in iShares ESG Aware MSCI EM ETF during the 4th quarter worth about $8,495,000. Quent Long Short Global Small Cap Fund LP purchased a new stake in iShares ESG Aware MSCI EM ETF during the 4th quarter valued at about $5,072,000. Finally, BNP Paribas Financial Markets grew its stake in iShares ESG Aware MSCI EM ETF by 29,494.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 71,618 shares of the company’s stock valued at $2,805,000 after purchasing an additional 71,376 shares during the last quarter.

iShares ESG Aware MSCI EM ETF Company Profile

The iShares ESG Aware MSCI EM ETF (ESGE) is an exchange-traded fund that is based on the MSCI EM Extended ESG Focus index. The fund tracks an index of large- and mid-cap companies from emerging market economies. Stocks are selected and weighted for positive environmental, social, and governance characteristics while maintaining similar investment risk\u002Freturn of the market. ESGE was launched on Jun 28, 2016 and is managed by BlackRock.