iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) Sees Significant Growth in Short Interest

iShares ESG Aware USD Corporate Bond ETF (NASDAQ:SUSC) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 346,363 shares, an increase of 2,324.8% from the February 26th total of 14,284 shares. Based on an average daily trading volume, of 309,119 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 309,119 shares, the short-interest ratio is currently 1.1 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its stake in iShares ESG Aware USD Corporate Bond ETF by 11.2% during the fourth quarter. NewEdge Advisors LLC now owns 104,374 shares of the company’s stock worth $2,441,000 after purchasing an additional 10,514 shares during the period. Advisory Services Network LLC grew its stake in shares of iShares ESG Aware USD Corporate Bond ETF by 6.6% during the 4th quarter. Advisory Services Network LLC now owns 64,531 shares of the company’s stock valued at $1,509,000 after buying an additional 4,000 shares during the period. Captrust Financial Advisors increased its holdings in shares of iShares ESG Aware USD Corporate Bond ETF by 96.8% during the 4th quarter. Captrust Financial Advisors now owns 37,505 shares of the company’s stock worth $877,000 after buying an additional 18,448 shares during the last quarter. Cornerstone Financial Management LLC acquired a new stake in shares of iShares ESG Aware USD Corporate Bond ETF during the 4th quarter worth $370,000. Finally, Integrated Wealth Concepts LLC raised its position in shares of iShares ESG Aware USD Corporate Bond ETF by 5.8% in the 4th quarter. Integrated Wealth Concepts LLC now owns 35,795 shares of the company’s stock worth $837,000 after buying an additional 1,958 shares during the period.

iShares ESG Aware USD Corporate Bond ETF Stock Down 0.2%

NASDAQ SUSC opened at $23.00 on Wednesday. iShares ESG Aware USD Corporate Bond ETF has a 12 month low of $22.15 and a 12 month high of $23.85. The company has a 50-day moving average of $23.41 and a 200-day moving average of $23.48.

iShares ESG Aware USD Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.0863 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from iShares ESG Aware USD Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.