Short Interest in iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) Grows By 31,858.4%

iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 2,911,410 shares, a growth of 31,858.4% from the February 26th total of 9,110 shares. Approximately 33.9% of the company’s shares are short sold. Based on an average daily volume of 259,888 shares, the short-interest ratio is presently 11.2 days. Based on an average daily volume of 259,888 shares, the short-interest ratio is presently 11.2 days. Approximately 33.9% of the company’s shares are short sold.

iShares ESG Advanced MSCI EAFE ETF Stock Performance

Shares of DMXF stock opened at $74.19 on Wednesday. The firm has a market cap of $638.03 million, a P/E ratio of 19.02 and a beta of 0.89. iShares ESG Advanced MSCI EAFE ETF has a fifty-two week low of $58.82 and a fifty-two week high of $82.53. The business’s 50 day moving average price is $78.79 and its 200-day moving average price is $77.11.

Institutional Trading of iShares ESG Advanced MSCI EAFE ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DMXF. Evolution Wealth Management Inc. raised its holdings in iShares ESG Advanced MSCI EAFE ETF by 65.0% in the fourth quarter. Evolution Wealth Management Inc. now owns 419 shares of the company’s stock worth $31,000 after purchasing an additional 165 shares in the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the 4th quarter valued at $34,000. SHP Wealth Management bought a new stake in shares of iShares ESG Advanced MSCI EAFE ETF during the 4th quarter valued at $36,000. Clarity Asset Management Inc. purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the 2nd quarter worth about $38,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of iShares ESG Advanced MSCI EAFE ETF in the 3rd quarter worth about $50,000.

iShares ESG Advanced MSCI EAFE ETF Company Profile

The iShares ESG Advanced MSCI EAFE Index ETF (DMXF) is an exchange-traded fund that is based on the MSCI EAFE Choice ESG Screened index. The fund tracks a market cap-weighted, ESG-screened index of large- and mid-cap stocks from the developed markets outside North America. DMXF was launched on Jun 16, 2020 and is managed by BlackRock.