Short Interest in iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Decreases By 36.0%

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 83,389 shares, a drop of 36.0% from the February 26th total of 130,232 shares. Based on an average trading volume of 78,957 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares ESG Advanced MSCI USA ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC purchased a new stake in shares of iShares ESG Advanced MSCI USA ETF during the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. purchased a new position in iShares ESG Advanced MSCI USA ETF in the 2nd quarter worth approximately $32,000. Investors Research Corp grew its position in iShares ESG Advanced MSCI USA ETF by 82.4% in the fourth quarter. Investors Research Corp now owns 549 shares of the company’s stock valued at $32,000 after acquiring an additional 248 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its position in iShares ESG Advanced MSCI USA ETF by 107.5% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 689 shares of the company’s stock valued at $39,000 after acquiring an additional 357 shares in the last quarter. Finally, Clarity Asset Management Inc. purchased a new stake in shares of iShares ESG Advanced MSCI USA ETF during the second quarter valued at approximately $44,000.

iShares ESG Advanced MSCI USA ETF Trading Down 1.9%

NASDAQ:USXF opened at $53.79 on Friday. The firm’s fifty day simple moving average is $57.83 and its 200 day simple moving average is $57.66. iShares ESG Advanced MSCI USA ETF has a twelve month low of $40.01 and a twelve month high of $59.94. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 28.41 and a beta of 1.05.

iShares ESG Advanced MSCI USA ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.1244 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, March 17th.

About iShares ESG Advanced MSCI USA ETF

The iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that is based on the MSCI USA Choice ESG Screened index. The fund tracks an index of large- and mid-cap US equities screened for positive environmental, social and governance rating while also screening for involvement in controversial activities. USXF was launched on Jun 16, 2020 and is managed by BlackRock.