Short Interest in iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) Expands By 53.4%

iShares ESG Aware MSCI EM ETF (NASDAQ:ESGE) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 1,599,105 shares, an increase of 53.4% from the January 29th total of 1,042,127 shares. Currently, 1.2% of the company’s stock are short sold. Based on an average trading volume of 942,645 shares, the days-to-cover ratio is currently 1.7 days. Based on an average trading volume of 942,645 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.2% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares ESG Aware MSCI EM ETF

A number of large investors have recently bought and sold shares of the business. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter valued at $45,000. Vermillion & White Wealth Management Group LLC grew its stake in iShares ESG Aware MSCI EM ETF by 21.7% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,289 shares of the company’s stock worth $57,000 after acquiring an additional 230 shares in the last quarter. GGM Financials LLC purchased a new position in shares of iShares ESG Aware MSCI EM ETF during the third quarter worth approximately $58,000. North Star Investment Management Corp. bought a new stake in shares of iShares ESG Aware MSCI EM ETF during the third quarter valued at approximately $63,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares ESG Aware MSCI EM ETF in the second quarter valued at approximately $68,000.

iShares ESG Aware MSCI EM ETF Trading Down 0.4%

ESGE opened at $50.12 on Friday. iShares ESG Aware MSCI EM ETF has a 1-year low of $30.57 and a 1-year high of $50.99. The company has a fifty day moving average price of $47.26 and a two-hundred day moving average price of $44.61. The company has a market cap of $6.57 billion, a P/E ratio of 14.52 and a beta of 0.66.

iShares ESG Aware MSCI EM ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.7318 per share. This represents a dividend yield of 342.0%. The ex-dividend date was Tuesday, December 16th.

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.