iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) Sees Large Decline in Short Interest

iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 11,375 shares, a decrease of 38.1% from the June 15th total of 18,390 shares. Based on an average trading volume of 3,403 shares, the days-to-cover ratio is currently 3.3 days. Currently, 2.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares ESG Aware MSCI USA Growth ETF stock. Ascentis Independent Advisors purchased a new stake in iShares ESG Aware MSCI USA Growth ETF (BATS:EGUS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,338 shares of the company’s stock, valued at approximately $64,000. Ascentis Independent Advisors owned 0.24% of iShares ESG Aware MSCI USA Growth ETF at the end of the most recent quarter.

iShares ESG Aware MSCI USA Growth ETF Trading Down 1.0%

Shares of BATS EGUS opened at $57.64 on Friday. iShares ESG Aware MSCI USA Growth ETF has a 12-month low of $45.91 and a 12-month high of $60.00. The business’s fifty day simple moving average is $57.83 and its 200-day simple moving average is $53.56. The stock has a market cap of $32.28 million, a P/E ratio of 36.55 and a beta of 1.19.

iShares ESG Aware MSCI USA Growth ETF Company Profile

The iShares ESG Aware MSCI USA Growth ETF (EGUS) is an exchange-traded fund that is based on the MSCI USA Extended ESG Focus index. The fund is a passively managed fund that tracks an index of US growth stocks with certain environmental, social, and governance criteria. The fund aims to maximizes its ESG exposure. EGUS was launched on Jan 31, 2023 and is managed by BlackRock.