iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) Sees Large Increase in Short Interest

iShares ESG Advanced MSCI USA ETF (NASDAQ:USXF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 130,232 shares, a growth of 26.8% from the February 12th total of 102,676 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 63,511 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 63,511 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.6% of the shares of the stock are sold short.

iShares ESG Advanced MSCI USA ETF Stock Down 0.4%

Shares of USXF stock opened at $56.18 on Monday. The company has a market capitalization of $1.18 billion, a P/E ratio of 28.41 and a beta of 1.05. iShares ESG Advanced MSCI USA ETF has a 12-month low of $40.01 and a 12-month high of $59.94. The firm has a 50-day moving average price of $58.45 and a 200 day moving average price of $57.69.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of USXF. Royal Bank of Canada boosted its holdings in shares of iShares ESG Advanced MSCI USA ETF by 5.0% in the 1st quarter. Royal Bank of Canada now owns 137,466 shares of the company’s stock worth $6,415,000 after acquiring an additional 6,508 shares in the last quarter. Jane Street Group LLC acquired a new stake in iShares ESG Advanced MSCI USA ETF during the 1st quarter valued at $452,000. Creative Planning increased its holdings in iShares ESG Advanced MSCI USA ETF by 19.5% during the 2nd quarter. Creative Planning now owns 16,039 shares of the company’s stock valued at $865,000 after purchasing an additional 2,616 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in iShares ESG Advanced MSCI USA ETF in the 2nd quarter valued at $171,000. Finally, Sofi Wealth LLC raised its position in iShares ESG Advanced MSCI USA ETF by 64.5% in the 2nd quarter. Sofi Wealth LLC now owns 34,009 shares of the company’s stock valued at $1,834,000 after purchasing an additional 13,330 shares during the last quarter.

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.